Tuesday, January 12, 2010

AIG, autos offset Treasury bank bailout profits | Reuters

And you want the decision makers here to run our world??? Health Care, Climate.....wake up!!!!!!!!!!

AIG, autos offset Treasury bank bailout profits | Reuters:

The Treasury estimated net losses on its $700 billion bailout program at $68.5 billion for the fiscal year ended September 30, 2009.

The December report for the Troubled Asset Relief Program, or TARP, showed that the fiscal 2009 net loss included estimated losses of $30.4 billion for AIG and $30.4 billion for automakers, with $27.1 billion in losses from the Home Affordable Modification Program."

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