Wells Fargo ranked behind only Bank of America as the largest recipient of assistance under the TAF program, according to Bloomberg. Wells Fargo had $45 billion worth of borrowings as of late February 2009. The bank may have needed to borrow so much cash because it inherited a truly dreadful mortgage portfolio when it acquired Wachovia in late 2008.

Nicely done.

Ryan Chittum is a former Wall Street Journal reporter, and deputy editor of The Audit, CJR's business section. If you see notable business journalism, give him a heads-up at rc2538@columbia.edu.