Taxpayers are still bailing out Wall Street, eight years later

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CNN Anchor erin burnett mocked the Occupy Wall Street protest during her show recently. Burnett asked a protester if he knew taxpayers "actually made money" on the Wall Street bailout. The protester responded that he was "unaware.""Yes, the bank bailout made money for the taxpayers, right now to the tune.

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 · In the early days of his presidency, Obama also backed an estimated $80 billion bailout of the foundering American auto industry, which ended up saving thousands of.

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 · The Big Bank Bailout. During the housing bubble Wall street was considered the heart and soul of free market capitalism, but when they were in danger of total collapse they fell on their knees as socialists, begging the government and tax payers to bail them out Many people have asked why the government bailed them out.

By every measure, TARP remains hated by a public that views it as little more than a rescue of the rich Wall Street. taxpayers are out of the woods. Scores of small banks have failed to repay the.

Bail out Could Cost Taxpayers Thirty Times more than Reported Earl Ofari Hutchinson In 2008 and 2009, 50 separate Federal programs offered $23 trillion in loans, grants, or asset guarantees to the financial sector.

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On September 12, a form of "compassionate conservatism" was still the doctrine of the Bush administration.. It has bailed out banks with hundreds of billions of dollars of taxpayer. "There will be no bailout for Lehman," Paulson said.. The future of Lehman Brothers, a 158-year-old firm with origins as a.

The proposal comes as populist anger at Wall Street has become a rallying cry during the presidential election campaign. Last year. took taxpayer money. It is also the watchdog for the $40 billion.

Renae Merle, The Washington Post / November 7, 2016 Eight-years after taxpayers rescued the U.S. financial system, some of the countrys largest banks, including JPMorgan Chase and Wells Fargo, continue to receive billions in bailout money, according to government data. Wells Fargo is eligible for.