GoFuckYourself.com - Adult Webmaster Forum - View Single Post - U.S. Bailout Costs May Reach $23.7 Trillion, TARP Inspector Says

teomaxxx · 07-20-2009, 11:58 AM

its not money spent. but the problem is that US taxpayer was on the hook
for around 12T as of yesterday knowledge to the public (not money spent too - only 1-2T for spend, but in case of big troubles it could easily double or triple), while the truth is he is on the hook for almost 24T.
good luck guys.

http://www.bloomberg.com/apps/news?p...d=aQEI97EY.fs0

July 20 (Bloomberg) -- U.S. taxpayers may be on the hook for as much as $23.7 trillion to bail out financial companies, according to Neil Barofsky, special inspector general for the Treasury?s Troubled Asset Relief Program.

Barofsky made the estimate in testimony prepared for a congressional hearing tomorrow.

07-20-2009, 11:58 AM
teomaxxx Confirmed User Join Date: May 2003 Posts: 2,734	U.S. Bailout Costs May Reach $23.7 Trillion, TARP Inspector Says its not money spent. but the problem is that US taxpayer was on the hook for around 12T as of yesterday knowledge to the public (not money spent too - only 1-2T for spend, but in case of big troubles it could easily double or triple), while the truth is he is on the hook for almost 24T. good luck guys. http://www.bloomberg.com/apps/news?p...d=aQEI97EY.fs0 July 20 (Bloomberg) -- U.S. taxpayers may be on the hook for as much as $23.7 trillion to bail out financial companies, according to Neil Barofsky, special inspector general for the Treasury?s Troubled Asset Relief Program. Barofsky made the estimate in testimony prepared for a congressional hearing tomorrow.