U.S bailout list gets longer daily (Update 1)
By Daniel at 1 December, 2008, 12:40 am
So how much longer will $400 flat screens keep America distracted from the ugly truth of how much we have been ROBBED over the last 4 months—
From Motley Fool:
Commercial Paper Funding Facility
Federal Reserve
$1.8 trillion
Temporary Liquidity Guarantee Program
FDIC
$1.4 trillion
Term Auction Facility (TAF)
Federal Reserve
$900 billion
Fannie Mae (NYSE: FNM), Freddie Mac (NYSE: FRE), and Ginnie Mae
U.S. Treasury / Federal Reserve
$800 billion
Treasury Asset Relief Program (TARP)
U.S. Treasury
$700 billion
Total USD International Currency Swap Lines
Federal Reserve
$688 billion
Money Market Investor Funding Facility
Federal Reserve
$540 billion
Other Loans: Primary Dealer Credit, etc.
Federal Reserve
$288.7 billion
Citigroup (NYSE: C) Guarantee
U.S. Treasury / FDIC
$306 billion
Hope for Homeowners Act of 2008
U.S. Treasury
$304 billion
Term Securities Lending Facility (TSLF)
Federal Reserve
$225 billion
Term Asset-Backed Securities
Loan Facility (TALF)
U.S. Treasury
$200 billion
Economic Stimulus Act of 2008
U.S. Treasury
$168 billion
Paid to JPMorgan Chase (NYSE: JPM)
to Settle Lehman Brothers Debt
Federal Reserve
$138 billion
AIG (NYSE: AIG) Bailout
Federal Reserve
$112.5 billion
Bear Stearns Brokered Sale
Federal Reserve
$26.9 billion
I’m afraid to look !!!—
Total:
$8,597,100,000,000
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