TARP Special Inspector General Neil Barofsky said total taxpayer exposure is close to 24 trillion. Kind of dwarfs that 700 billion, doesn’t it.
Then we have the secret 2 trillion in loans from the Fed to undisclosed locations. See bloomberg court case for details. It’s taxpayer money.
Taxpayer losses are a pea in a huge banker shell game. They just lifted the Tarp shell and said “see, not under here”. Now you are supposed to feel better.
