27 July 2008

Cost of 'Stealth' Housing Bailout: $1.43 Trillion

Steve Liesman at CNBC Runs the numbers on the housing bailout to this point:

Federal Reserve $446 B Term Auction Facilities, $150 B, Bear $29 B, $14 B Discount Window to Banks, Repurchase Agreements $88 B, Swap Lines to Euro banks $65B, Treasuries lent out for liquidity boost $100 B
Federal Home Loan Bank $274 B Advances to member banks
Fannie and Freddie $621 B
FHA $90 B Added since October
Total $1431 B



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