After countless angry political speeches and the threat of economic collapse, the government’s $700 billion bailout of banks, insurance companies and auto companies draws to a close Sunday – and it will likely cost only a fraction of what was expected.
It will be years before it is possible to produce exact figures related to the bailout, which encompassed everything from mortgage finance…
Continue reading TARP Draws to a Close Next Week, With Lower Costs Than Thought
TARP Draws to a Close Next Week, With Lower Costs Than Thought originally appeared on DailyFinance on Fri, 01 Oct 2010 09:07:00.
Filed Under: Company News, Economy, Investing, Fannie Mae, American International Group, Freddie Mac, Taxes, Credit, Market News