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PostPosted: Wed Dec 09, 2009 5:06 pm 
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By DANIEL WAGNER, AP Business Writer Daniel Wagner, Ap Business Writer – 1 hr 49 mins ago
WASHINGTON – The Treasury Department is acknowledging for the first time that it lost $61 billion on two key programs designed to stabilize the economy after the largest financial crisis in decades.

The government is losing more than $30 billion on lifelines extended to insurance giant American International Group Inc., according to Treasury data released Wednesday in an audit by the Government Accountability Office. It also is losing more than $30 billion on rescues of struggling automakers Chrysler and General Motors.

Treasury says the losses are offset in part by profits earned from bank bailouts. It says the bank bailouts will net taxpayers $19.5 billion.

Over all, the bailouts are projected to cost taxpayers $41.5 billion

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PostPosted: Wed Dec 09, 2009 8:51 pm 
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A billion here, a billion there, pretty soon you're talking real money. :roll:

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PostPosted: Fri Apr 15, 2016 9:42 am 
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You wanna bailout? Here's yer bailout! :rage:
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PostPosted: Fri Apr 15, 2016 10:23 am 
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Jsc will be here in an minute to justify this policy with references to GW Bush.

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PostPosted: Sat May 28, 2016 4:53 am 
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HighPlainsGrifter wrote:
Jsc will be here in an minute to justify this policy with references to GW Bush.



yep. Bush's fault

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