Relevant:
- TARP Losses Recalculated to $66bn as GSE Outlook Improves
- Housing Finance Agency Head Worries About Mortgage Guarantees
- Freddie Mac and Fannie Mae Quick Fix Could Cost Taxpayers
- Report: US corporations have $1.4tn hidden in tax havens; Still Get State Aid
- Fannie, Freddie Have `Explicit Guarantee,' FHFA Says
2009-01-30 — wordpress.com
" In reality, the total cost of state intervention to prop up the failed business models of these and other financial services companies, including TARP; the quasi-nationalization of Fannie Mae and Freddie Mac; and various Federal Reserve loans, discounts, guarantees, purchases and handouts, now exceeds $8 trillion dollars when you include explicit GSE guarantees. "
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