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Bailout Scorecard Update

August 14, 2016 by Doug Haldeman

Image from: http://www.karmicsangoma.co.za/2013/05/political-cartoon-of-week.html
Image from: http://www.karmicsangoma.co.za/2013/05/political-cartoon-of-week.html

The Bailout Scorecard

Last update: Mar. 31, 2016

Altogether, accounting for both the TARP and the Fannie and Freddie bailout, $619B has gone out the door—invested, loaned, or paid out—while $390B has been returned.

The Treasury has been earning a return on most of the money invested or loaned. So far, it has earned $298B. When those revenues are taken into account, the government has realized a $69B profit as of Mar. 31, 2016.

Where do these numbers come from?

Most of the data shown comes from the Treasury Department. But in a few cases, we’ve gathered information from other government agencies or press releases and regulatory filings from bailout recipients.

If you’ve got more questions about how we do this, please drop us a line.

What you can find here:

  • A complete list of where the money’s going, from AIG to the smallest community bank
  • A running total of how much of the TARP bailout money has been committed
  • A timeline of major bailout events
  • Graphical breakdowns and plain language descriptions of the Treasury Department’s bailout programs without confusing government acronyms
  • A snapshot of how mortgage servicers are performing in the foreclosure prevention program.
  • All of our reporting on the bailout

To find out the full report go to:

http://projects.propublica.org/bailout/main/summary

https://smartwithyourmoney.com/wp-content/uploads/2016/04/197.4_4.3.16_Bailout.Scorecard.mp3
https://media.blubrry.com/smart_with_your_money/smartwithyourmoney.com/wp-content/uploads/2016/04/197.4_4.3.16_Bailout.Scorecard.mp3

Podcast: Play in new window | Download

Filed Under: Consumer View, Economist, Financial Advisor, Resources Tagged With: Bailout, Doug Haldeman, Treasury Department

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Call or Text: (314) 472-DOUG (3684)
Email: [email protected]
Visit: 1120 Wolfrum Rd #201, Weldon Spring, MO 63304

Guild Mortgage Company, LLC is an Equal Housing Lender Company NMLS #3274. Individual NMLS #298419. 1120 Wolfrum Rd, Ste 201, Weldon Spring, MO, 63304. Doug Haldeman is an employee, but Tammie Haldeman is NOT an employee of Guild Mortgage Company, LLC. www.nmlsconsumeraccess.org
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