Bank Bailouts Cost Much Less Than the FDIC Expected

Given the level of public outrage over the government’s rescue of banks during the financial crisis, the final cost to the taxpayer of keeping those failed institutions afloat turns out to have been relatively modest: The FDIC has paid out a mere $8.89 billion to 165 banks since the crisis began.

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At $8.89 Billion, Bank Bailouts Cost Much Less Than the FDIC Expected originally appeared on DailyFinance on Thu, 17 Mar 2011 11:00:00.