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Fed stalls on Chinese bank deal, costs taxpayers $1.7 billion

According to the Financial Times, U.S. taxpayers could have saved $299 million , the amount UCB received in bailout funds from the Treasury Department...

www.dailyfinance.com/2009/11/20/fed-stalls-on-chinese-bank-deal-costs-taxpayers-1-7-bi...

First shared on  by  daily_finance daily_finance
Last shared: 4 hours 26 minutes ago | 9  shares | Tweet It

GM bailout costs each taxpayer $12,200 - Business First...

The study, which is based on a November... found that the average American taxpaying family has invested about $800 in the auto bailouts so far. It...

buffalo.bizjournals.com/buffalo/stories/2009/11/16/daily36.html

First shared on  by  Gengras_Motors Gengras_Motors
Last shared: 3 hours 50 minutes ago | 29  shares | Tweet It

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Geithner's Bad Judgement Leaves Taxpayers Holding the Bag

The flubbed negotiations cost American taxpayers at least $19 billion (i.e. 60% of the $32.5 billion that AIG paid to retire the swaps).

seekingalpha.com/article/174519-geithner-s-bad-judgement-leaves-taxpayers-holding-the-bag

First shared on  by  cardhub cardhub
Last shared: 14 hours 49 minutes ago | 13  shares | Tweet It

New TARP revelations: AIG bailout mishandled, shaky banks got loans...

While less than two weeks... paid 100% of the values of their contracts, costing the U.S. taxpayers $62 billion, most of which may not get repaid.

www.dailyfinance.com/2009/11/17/new-tarp-revelations-aig-bailout-mishandled-shaky-bank...

First shared on  by  daily_finance daily_finance
Last shared: 2 days ago | 68  shares | Tweet It

G20 maintains $1trn stimulus as Brown calls for global bail-out...

Gordon Brown tells finance ministers that taxpayers must be protected from bearing cost of failure in financial sector David Batty and agencies

www.guardian.co.uk/politics/2009/nov/07/gordon-brown-global-bank-bailout

First shared on  by  startupboard startupboard
Last shared: November 7, 2009 | 338  shares | Tweet It

Study: Every GM Vehicle Sold Costs Taxpayers $12,200

The report, The Auto Bailout - A Taxpayer Quagmire , authored by NTU Adjunct Scholar Thomas D. Hopkins, Professor of Economics at the University of...

www.prnewswire.com/news-releases/study-every-gm-vehicle-sold-costs-taxpayers-12200-703...

First shared on  by  dcgfinancial dcgfinancial
Last shared: 2 days ago | 41  shares | Tweet It

Bailout Watch 573: GM Bailout Cost Taxpayers...

This according to the National Taxpayer's Union report The Auto Bailout: A Taxpayer Quagmire, authored by Rochester Institute of Technology Professor...

www.thetruthaboutcars.com/bailout-watch-573-gm-bailout-cost-taxpayers-12200-per-car/

First shared on  by  TTAC TTAC
Last shared: 17 hours 4 minutes ago | 24  shares | Tweet It

Auto Industry Bailout Cost to Taxpayers: Report

According to the study , the auto industry bailout has cost the average American taxpaying family about $800 so far. In addition, the report concludes...

usgovinfo.about.com/b/2009/11/20/auto-industry-bailout-cost-to-taxpayers-report.htm

First shared on  by  punditkix punditkix
Last shared: 15 hours 3 minutes ago | 10  shares | Tweet It

Financial Services Committee - Bachus, Blunt: Americans Deserve Answers...

"Without a hearing... Committee to codify a permanent bailout authority, will only lead to many of the same mistakes that have cost taxpayers hundreds...

republicans.financialservices.house.gov/index.php?id=923&itemid=43&option=com_content&...

First shared on  by  GOPfinancial GOPfinancial
Last shared: 1 day ago | 2  shares | Tweet It

Banks and the Bailout - TRCB

When JP Morgan took over Washington Mutual, it did not cost taxpayers anything. And some troubled banks are being swallowed up at gigantic discounts.

www.trcb.com/news-and-society/economics/banks-and-the-bailout-8315.htm

First shared on  by  CompTutorial CompTutorial
Last shared: 17 hours 29 minutes ago | 2  shares | Tweet It