Relevant:
- Behind Administration Spin: Bailout Still $123 Billion in the Red
- TARP To Cost The U.S. Nearly Double The Initial Estimates: CBO
- Treasury Has Pledged More Rescue Funds Than Authorized
- Strains Mount on Bailout Plans
- TARP Investigator: The Treasury Is Using Unusual And Misleading Accounting Practices To Hide TARP Losses
2009-12-07 — bloomberg.com
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The administration forecast in August that the TARP would ultimately cost $341 billion, once banks had repaid the government for capital injections and other investments. Congress authorized $700 billion for the program in October 2008."
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Comments:
mortgagemess at 03:22 2009-12-08 said:
Why don't they use that 200 billion to get the housing market back on track?...NOPE..that would just be toooo easy...... Permalinkadd a comment | go to forum thread
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