Jim Sinclair’s Commentary
Those banks that were bailed out are the banks most likely to be bailed in. Here is the list published again for the last time.
http://projects.propublica.org/bailout/list
Bailout Recipients
Last update: Jul. 29, 2013
We're tracking where taxpayer money has gone in the ongoing bailout of the financial system. Our database accounts for both the broader $700 billion billand the separate bailout of Fannie Mae and Freddie Mac.
For each entity, we provide a “Net Outstanding” amount, which shows how deep taxpayers are in the hole after accounting for any revenue the government has received (usually through interest or dividends).
Companies that failed to repay the government and resulted in a loss are shaded red. You can see a list of those investments here. All other investments either returned a profit to the government or might still be repaid. Recipients of aid through TARP’s housing programs (such as mortgage servicers and state housing orgs) received subsidies that were never intended to be repaid, so we don’t mark those as losses..
Note: Subsidies are listed separately from the investment programs. So, for instance, Bank of America is listed twice – both as a mortgage servicer and as a bank.
Want just the numbers all in one place? See the detailed view here.
927
Recipients
$607B
Total disbursement
$366B
Total returned
$183B
Total revenues from dividends, interest, and other fees
$-58.1B
Total net to date
Name TypeState Total Disbursed Profit /Net Outstanding
Fannie MaeGovernment-Sponsored EnterpriseD.C.$116,149,000,000-$21,168,000,000
Freddie MacGovernment-Sponsored EnterpriseVa.$71,336,000,000-$34,755,000,000
AIG Received other federal aid. Click to see details.
Insurance CompanyN.Y.$67,835,000,000$5,025,967,492
General MotorsAuto CompanyMich.$50,744,648,329-$19,017,132,934
Bank of America Received other federal aid. Click to see details.BankN.C.$45,000,000,000$4,566,857,694
Citigroup Received other federal aid. Click to see details.BankN.Y.$45,000,000,000$13,431,459,205
JPMorgan ChaseBankN.Y.$25,000,000,000$1,731,202,357
Wells FargoBankCalif.$25,000,000,000$2,281,347,113
GMAC (now Ally Financial)Financial Services CompanyMich.$16,290,000,000-$10,484,903,118
ChryslerAuto CompanyMich.$10,748,284,222-$1,315,061,737
Goldman SachsBankN.Y.$10,000,000,000$1,418,055,555
Morgan StanleyBankN.Y.$10,000,000,000$1,268,055,555
PNC Financial ServicesBankPa.$7,579,200,000$741,344,650
U.S. BancorpBankMinn.$6,599,000,000$334,220,416
etc. Full list at website: http://projects.propublica.org/bailout/list
Bailout Recipients
Last update: Jul. 29, 2013
We're tracking where taxpayer money has gone in the ongoing bailout of the financial system. Our database accounts for both the broader $700 billion billand the separate bailout of Fannie Mae and Freddie Mac.
For each entity, we provide a “Net Outstanding” amount, which shows how deep taxpayers are in the hole after accounting for any revenue the government has received (usually through interest or dividends).
Companies that failed to repay the government and resulted in a loss are shaded red. You can see a list of those investments here. All other investments either returned a profit to the government or might still be repaid. Recipients of aid through TARP’s housing programs (such as mortgage servicers and state housing orgs) received subsidies that were never intended to be repaid, so we don’t mark those as losses..
Note: Subsidies are listed separately from the investment programs. So, for instance, Bank of America is listed twice – both as a mortgage servicer and as a bank.
Want just the numbers all in one place? See the detailed view here.
927
Recipients
$607B
Total disbursement
$366B
Total returned
$183B
Total revenues from dividends, interest, and other fees
$-58.1B
Total net to date
Name TypeState Total Disbursed Profit /Net Outstanding
Fannie MaeGovernment-Sponsored EnterpriseD.C.$116,149,000,000-$21,168,000,000
Freddie MacGovernment-Sponsored EnterpriseVa.$71,336,000,000-$34,755,000,000
AIG Received other federal aid. Click to see details.
Insurance CompanyN.Y.$67,835,000,000$5,025,967,492
General MotorsAuto CompanyMich.$50,744,648,329-$19,017,132,934
Bank of America Received other federal aid. Click to see details.BankN.C.$45,000,000,000$4,566,857,694
Citigroup Received other federal aid. Click to see details.BankN.Y.$45,000,000,000$13,431,459,205
JPMorgan ChaseBankN.Y.$25,000,000,000$1,731,202,357
Wells FargoBankCalif.$25,000,000,000$2,281,347,113
GMAC (now Ally Financial)Financial Services CompanyMich.$16,290,000,000-$10,484,903,118
ChryslerAuto CompanyMich.$10,748,284,222-$1,315,061,737
Goldman SachsBankN.Y.$10,000,000,000$1,418,055,555
Morgan StanleyBankN.Y.$10,000,000,000$1,268,055,555
PNC Financial ServicesBankPa.$7,579,200,000$741,344,650
U.S. BancorpBankMinn.$6,599,000,000$334,220,416
etc. Full list at website: http://projects.propublica.org/bailout/list