$700 Billion Bailout Almost Completely Paid Back
Apr 30th, 2010 | By Main Contributor | Category: President ObamaThe Obama administration estimates that almost all of the $700 Billion bailout will be recovered from the banks, the auto companies, the insurance company AIG, and mortgage giants Fannie Mae and Freddie Mac. A year ago the administration estimated that the bailout would cost almost $500 Billion. Part of the bailout purchased bank stocks, which [...]
