Bailed-Out Banks Still Owe Taxpayers

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-- there's a word haven't -- a while the government's Troubled Asset Relief Program.

-- -- -- -- Bailed out banks at the height of the financial crisis but nearly half a move more than 700 banks that have received a TARP funds and actually -- the money back yet and some or even missing payments.

-- -- -- -- -- It doesn't come out here in the bottom line because Leo other.

They're condoning those agents let me -- but the I was projecting yet yeah we already let's go back as.

-- mysterious Treasury Secretary Geithner and other officials at the Treasury Department have been out in immediate the last couple years that you know what.

-- is going to make taxpayers money.

And TARP is -- out if not the biggest.

Bank can't spell Africa besides -- service that we look at these -- 325.

TARP banks still owed taxpayers.

410.

Banks and companies still a TARP 109 billion box that includes AIG GM Chrysler ally financial -- the next.

AIG still owes more than thirty billion dollars a 137.

Of -- TARP thanks so guys use separate government barring programs to pay back TARP.

And we are also seeing about two more than 200 banks are missing their dividend payments so the issue is what are we gonna see the money back will -- ever make.

Any money that's the big question.

-- not at the moment it doesn't seem how well -- -- this thing.

-- -- -- this pain and you credit cried and -- -- example that comes -- does that added that's what happens -- dividends on it and the dividends are gonna go up to 9%.

So that's -- sent to get them to repay but I'll tell you something.

They projections very out their taxpayers will likely lose money on TARP that's the bottom line up to seventy billion dollars so far treasury isn't -- -- -- right straight treasury has quietly raised its estimates of losses on TARP.

And TARP it now is going to be a permanent fixture in the US government out of we gonna see -- secretary of the US TARP.

Coming down the -- but now they inspector general is saying we are -- white collar law enforcement agency because they're getting bank fraud through.

Catching up through TARP and also TARP has expanded into housing programs.

It's been like thirteen different housing programs now housed underneath that TARP so.

I think our in this case that all of us my land and -- -- success then we're gonna have it with our for a long time down.

Sydney -- billion dollars we need backgrounds McDonald's that's that's right and -- to -- -- are going up every second.

-- -- thank you.

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Bailed-Out Banks Still Owe Taxpayers

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