* $29 billion for Bear Stearns
* $143.8 billion for AIG (thus far, it keeps growing)
* $100 billion for Fannie Mae
* $100 billion for Freddie Mac
* $700 billion for Wall Street, including Bank of America (Merrill Lynch),
Citigroup, JP Morgan (WaMu), Wells Fargo (Wachovia), Morgan Stanley, Goldman
Sachs, and a lot more
* $25 billion for The Big Three in Detroit
* $8 billion for IndyMac
* $150 billion stimulus package (from January)
* $50 billion for money market funds
* $138 billion for Lehman Bros. (post bankruptcy) through JP Morgan
* $620 billion for general currency swaps from the FedROUGH TOTAL: $2,063,800,000,000
Yes, over $2 trillion dollars. As of November 7.
That’s about $6,800 for every man, woman, and child.
The above information comes from the Liberator Online, an e-zine published by the Advocates for Self-Government.
4 Comments
November 17, 2008 at 11:12 am
Whether the Liberator’s $2 trillion is right, or the Forbes $5 trillion, it still equals inflation coming our way.
http://akagaga.blogspot.com/2008/11/bailout-does-5-trillion-sound-too-high.html
November 17, 2008 at 12:24 pm
This is sad. Very sad. It’s now the tax payers problem.
November 19, 2008 at 2:15 pm
[...] total for finacial bailout via Upstream via The Liberator Online * $29 billion for Bear Stearns * $143.8 billion for AIG (thus far, it [...]
December 1, 2008 at 6:05 pm
My calculations based on compiled figures from CNBC, Reuters & Bloomberg put the total at over $10 trillion (which is about equal to the national debt). I have the breakdown listed here.