Did Wall Street Pay Back The Bailout. It is true that banks are paying back tarp handouts yet few are focusing on how the banks have made profits in the last 9 months since those dismal days of march. The recovery package cannot go higher than $700 billion without additional legislation.
In past rulings, politifact has looked into statements about the auto industry bailout, and last month, we but, if we expand the definition, as propublica does, to include investment agencies and credit card companies.
Paul keil talked about the status of the federal government's bailout of key wall street financial institutions, fannie mae and freddie mac, and auto companies. Congressional democrats and the incoming obama administration want to impose stringent rules on executive compensation before any more government money is pumped into troubled wall street firms and banks. That there were between 4 million to 6 million foreclosures since the. How did the politicians come up with that number, and could it go higher?