How Much Have We Really Paid for the Wall St. Bailout?

(Hint: It’s a lot more than $700 billion.)

The Wall Street Bailout Cost table is produced and updated monthly by the Real Economy Project of the Center for Media and Democracy, which publishes the website, SourceWatch. This calculation was peer-reviewed by economists at the Center for Economic and Policy Research in Washington, D.C. This table relies entirely on government data and represents an accounting of actual government funds disbursed, mostly in the form of loans. Our total includes major programs of the U.S. Treasury Department, the Federal Reserve and other government agencies to assist the financial sector and institutions that had a role in the crisis. It does not include stimulus funds, unemployment, student loans, auto bailout and other initiatives to create jobs or support citizens.  Φ

Read the rest of the article and view the table.

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