TARP was no win for the taxpayers

Tool Dash | Squidbillies | Adult Swim We're tracking every dollar and every recipient for both the broader $700 billion TARP bill and the separate bailout of Fannie Mae and Freddie.

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 · When the second half of TARP was released to Obama earlier that month, only six Republican senators had voted in favor, 28 fewer than had voted to release the first half of TARP to Bush; when Obama’s stimulus package came up for a vote in February, the.

His shameful insistence that four congresswomen of color “go back” to their “totally broken and crime infested” countries -.

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 · Blasting what he called Wall Street’s "heads I win, tails you lose" culture, Cuomo said that Citigroup brass shared a $5.3 billion bonus pool in 2008 – despite posting a $28 billion loss and.

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That works out to a hefty 12.696 percent of your winnings. That’s about $12.69 million if you win a $100 million lottery, quite a bit more than that $10,000 deduction you can claim for state taxes on your federal return. It’s even a lot more than $10,000 if you win just $1 million. Your tax.

Ten leading banks won approval to repay money from the. not just in terms of the direct financial returns to the taxpayer, which are significant.

The Treasury Department spent $7.8 billion of the TARP monies helping taxpayers with underwater mortgages get cheaper loans. But $1.2 billion has been lost on loan modifications for borrowers who later defaulted anyway. The outcome might have been worse. The government spent about $475 billion in the TARP bailout, most of which has been paid back.