The all-time champion recipient of federal aid from the financial crisis?
Share Now on:
This final note today, in which I somehow naively hope will be the last time we’ll have to say the word “TARP” on this program.
The panel that Congress set up to oversee the bank bailout is winding down. It’s going out of business this week, but not before issuing one last report.
The all-time champion recipient of federal aid during the financial crisis — from all sources, it should be said — not just the TARP: Citigroup, with a total bailout of $476.2 billion. Bank of America was a distant second at $336.1 billion.
Not fixed, the report says? That whole “too big to fail” thing.
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.
