Posts Tagged ‘tarp’

Wall St Bailout Cost Now Exceeds $4 Trillion

Tuesday, November 18, 2008 15:39 1 Comment

That’s right $4.28 trillion dollars. That’s $4,284,500,000,000. The total cost has now exceeded the total cost of World War 2, in inflation adjusted terms. Fannie Mae & Freddie Mac have cost the American taxpayer $350 Billion, AIG $110 Billion+, Bear Stearns $30 Billion and $25 Billion to the Auto Makers.
The US has shelled out $700 [...]

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