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Was Washington Right to Bail Out GM and Wall Street with TARP?

by | Nov 18, 2010 | Towing

Historians will look back on Washington’s bailout of GM and Wall Street as the right move. That’s because it’s now clear that the costs of doing nothing would have been far higher, and it turns out that taxpayers may suffer onl…

Bailouts of Freddie, Fannie Could Cost Taxpayers $363 Billion

by | Oct 21, 2010 | Towing

The rescue of mortgage giants Fannie Mae and Freddie Mac could cost as much as $363 billion over the next three years — more than double the amount spent so far — the Federal Housing Finance Agency announced Thursday.
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