Big Bank Bailout Ndash Onefinalblog

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Posted on December 13, 2018 at 09:42 AM

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U.S. Declares Bank and Auto Bailouts Over, and Profitable ...
The bailout of GMAC started Dec. 29, 2008, with a $5 billion infusion in the last days of the Bush administration, but that grew to $17.2 billion as the Obama White House moved to save Detroit.
The true cost of the bank bailout | Need to Know | PBS
It was the Big Banks that created the problem, well that and two wars. ... But Bloomberg news calculated that the true cost of bank bailout for American taxpayers is approximately $12.8 trillion ...
No, The Big Banks Have Not "Paid Back" Government Bailouts ...
The big banks claim that they have paid back all of the bailout money they received, and that the taxpayers have actually made money on the bailouts. However, as Barry Ritholtz notes : Pro Publica has been maintaining a list of bailout recipients , updating the amount lent versus what was repaid.

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