A report from the TARP special inspector general - leaked to media outlets but not yet released...


A report from the TARP special inspector general - leaked to media outlets but not yet released to public - says U.S. bailouts and backstop plans total $23.7T. The number is part of SIG Neil Barofsky's planned remarks before a House committee on Tuesday. Of the $700B slated for TARP, $441B has been distributed.

Comments (5)
  • Neil459
    , contributor
    Comments (2636) | Send Message
     
    Only $23T? That does not include health care. Get ready for at least another $23T. Hope and change at work. I hope all of you are happy being over $50T in debt and we still have over 3 years to go in this administration.

     

    Obama will make history again, when he buys the next election as happens in all third world countries.

     

    Welcome to hope and change.
    20 Jul 2009, 02:07 PM Reply Like
  • DonH
    , contributor
    Comments (2) | Send Message
     
    By my figuring, that's roughly 75,000 for every man, woman, and child in the country. :-(
    20 Jul 2009, 02:09 PM Reply Like
  • Illusional Delusion
    , contributor
    Comments (346) | Send Message
     
    If you remove the people taking the money, it probably will figure around 100k per person outside the bailed out candidates

     

    On Jul 20 02:09 PM DonH wrote:

     

    > By my figuring, that's roughly 75,000 for every man, woman, and
    20 Jul 2009, 02:13 PM Reply Like
  • Vieira Trading
    , contributor
    Comments (127) | Send Message
     
    Nowadays people do not think about who's going to pay, they're happy with stock market performance and (GS) earnings even if they have lost money; they can tell the world "hey, we do still have a stock market"
    20 Jul 2009, 02:21 PM Reply Like
  • Crsswift70
    , contributor
    Comments (12) | Send Message
     
    Another "leaked" bit of info. Seems like this happens a lot lately. Anyone else think this is meant to temper the market's response? Leak the info on an up day where the target for the S&P was raised? So far i see no mention of it on the mainstream business networks.
    20 Jul 2009, 02:26 PM Reply Like
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