TARP to cost less than $50 Billion

Discussion in 'Wall St. News' started by tomdavis, Sep 30, 2010.

  1. WASHINGTON (Dow Jones)--The cost of the financial bailout, originally projected to be in the hundreds of billions, is now expected to be less than $50 billion, the White House said Thursday.

    The lower estimate comes as the bailout plan, a $700 billion investment in the financial sector by the U.S. government under what is formally called the Troubled Asset Relief Program, is expected to end Monday.


    http://online.wsj.com/article/BT-CO-20100930-716142.html

    http://www.nytimes.com/2010/10/01/business/01tarp.html?src=busln
     
  2. bone

    bone ET Sponsor

    If they are including AIG's portfolio it is a whopper electioneering lie.


    [​IMG]
     
  3. Did they sterilize the TARP money with CDSs?