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TARP bailout to cost taxpayers $25 billion: CBO

TARP bailout to cost taxpayers $25 billion: CBO

The U.S. Troubled Asset Relief Program, which risked $700 billion of government funds to bail out troubled banks and automakers, will cost taxpayers a mere $25 billion, according to an estimate released on Monday by the nonpartisan Congressional Budget Office.

 

Irish bailout helps banks, angers taxpayers

Irish bailout helps banks, angers taxpayers

Ireland's international bailout relieved investors Monday but outraged many across the country who find that a requirement to raid state pension ...

 

Treasury: TARP Money Returned to Taxpayers Exceeds $250 Billion

Treasury updated its projections for the cost of the 2008 Troubled Asset Relief Program, saying that for the first time the amount of funds that has been returned to taxpayers exceeds $250 billion.

 

U.S. government funds may have gone to Taliban

An audit says subcontractors on a development project in Afghanistan may have paid more than $5 million to militants for security purposes. Employee fraud is also alleged.Millions of dollars in American taxpayer funds may have been paid to Taliban fighters in southern Afghanistan to provide security for a U.S.

 

AIG and government agree on plan to pay back taxpayers

American International Group Inc and the U.S. government agreed on a plan that would see the insurer repay taxpayers fully for bailing it out at the height of the financial crisis.

 

Octomom Going On Welfare?

Taxpayers only hope for Suleman and her 14 kids as TV and book deals dry up, leaving her broke, report says

 

Study shows majority of Texas companies given taxpayer money to create jobs failed to meet goals

Two-thirds of the companies given taxpayer money from the job creation fund that Gov. Rick Perry has touted as a key reason for Texas' economic growth failed to meet their promises last year, a study released today finds.

 

Taxpayers likely to face initial loss on GM IPO: sources

Taxpayers likely to face initial loss on GM IPO: sources

The U.S. government is likely to take a loss on General Motors Co in the first offering of the automaker's stock, six people familiar with preparations for the landmark IPO said.

 

AIG repaying nearly $4 billion in federal loans

AIG repaying nearly $4 billion in federal loans

In its single biggest repayment of bailout loans so far, American International Group Inc. said Monday it is paying back nearly $4 billion in taxpayer aid with proceeds from a recent debt sale.

 

Fannie Mae reports $11.5B loss

Government-controlled mortgage finance giant says it will request $8.4B from taxpayers to stay afloat.

 

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