This link is to a picture (via Manan Shukla) that describes the $700 billion TARP program authorized by Congress to save the financial system. Only $431 billion, or 60% of the authorized amount was disbursed. The picture shows what programs received disbursements and the cost or gain from the program. The net cost thus far is $22 billion.
The picture is easier to read if it is enlarged.
No comments:
Post a Comment