TARP Bailout Close To Breaking Even - But Other Bailouts Aren't Close
Thursday, December 20, 2012 - 4:48 AM
The TARP bailout fund, which pumped nearly $500 billion into the nation's leading banks, automakers and insurers, is getting closer to the break-even point. [...] Even if taxpayers break even on TARP, it wasn't the only bailout to consider.
The largest was $187.5 billion for mortgage finance firms Fannie Mae and Freddie Mac. Even with the $50.5 billion in dividends, taxpayers are still out $137 billion from that rescue.