The bailouts for 2008
By Daniel at 25 November, 2008, 3:00 pm
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CASH INFUSIONS
October 14th 2008 Bank of America $ 15 Billion
March 16th 2008 Chase Bank $ 29 Billion
October 14th 2008 Chase Bank $ 25 Billion
October 14th 2008 Wells Fargo Bank $ 25 Billion
October 14th 2008 Citibank $ 25 Billion
November 23rd 2008 Citibank $ 20 Billion
November 17th 2008 U S Bancorp $ 6.6Billion
November 17th 2008 Suntrust Bank $ 3.5Billion
November 17th 2008 Regions Bank $ 3.5Billion
NON BANK INJECTIONS
Sept 14th 2008 Treasury takes control of both Fannie Mae and Freddie Mac
October 14th 2008 $ 10 Billion Goldman Sachs
October 14th 2008 $ 10 Billion Merrill Lynch
October 14th 2008 $ 10 Billion Morgan Stanley
October 14th 2008 $ 2 Billion State St Corp.
November 10th 2008 $ 150 Billion !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Treasury and Fed replace two previous loans to AIG!!!!!!!!!!!!!
(More will be added into this list soon)
All this noted above does not include the $ 2 Trillion dollars of bad debt
paper swapped at the FED Discount Window since the Summer of 2007 by
Banks and Investment Houses for the fresh unregulated/unsupervised $ 2 Trillion over this same span of time!
Also, this does not include all the borrowing by major Banks in the 100’s
of Billions per day, as reported by Market Watch the past several weeks!
Where were all the hearings for the aforementioned bank monies received,
including AIG when recently the Big 3 got hammered asking for only $ 25 Billion?
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