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Conley
03-24-2012, 07:58 PM
The Bailout Scorecard

Last update: Mar. 19, 2012

Our frequently updated database tracks every dollar and every bailout recipient. Below is a summary generated from the latest numbers. (Here's a rundown (http://projects.propublica.org/bailout/main/about) of the bailout info our site offers.)

The Treasury Department is authorized to spend a maximum of$475 billion on the TARP (http://projects.propublica.org/bailout/initiatives/2-emergency-economic-stabilization-act) (In July 2010, the financial regulation overhaul reduced TARP’s spending cap to $475 billion from the original $700 billion.)

Altogether, accounting for both bailouts, $601 billion has gone out the door—invested, loaned, or paid out—while $292 billionhas been returned.

The Treasury has been earning a return on most of the money invested or loaned. So far, it has earned $77 billion. When those revenues are taken into account, $233 billion is the net still outstanding as of Mar. 19, 2012.

http://projects.propublica.org/bailout/main/summary

Peter1469
03-24-2012, 08:14 PM
Don't forget that the Federal Reserve has given out at least $16T in bailout funds. Some think that number is as high as $27T.

MMC
03-24-2012, 08:33 PM
Plus the Fed is ready to give out some more to help turn that housing Market around.