Sources for Rescue Costs - Take 2 - Early December 2008

Chart below is based on data gathered by Barry L. Ritholtz and posted 02 Dec 08 as "Calculating the Total Bailout Costs" from his blog The Big Picture.

Since gathering these figures is not an exact science, we have not matched them with our current entries on the OrgScope map of the rescue effort, which approxiate the same amounts
 

Commitments

Spending

Total - $8.49 trillion - 100%

$8,490,392,000,000 $3,124,873,000,000
     

Federal Reserve - $5.255 trillion - 62%

Commercial Paper Funding Facility LLC (CPFF)
1,800,000,000,000
270,879,000,000
Term Auction Facility (TAF)
900,000,000,000
415,302,000,000
Other Assets
601,963,000,000
601,963,000,000
Money Market Investor Funding Facility (MMIFF)
540,000,000,000
0
Unnamed MBS Program announced 11/25/08
500,000,000,000
0
Term Securities Lending Facility (TSLF)
250,000,000,000
190,200,000,000
Term Asset Backed Securities Loan Facility (TALF)
200,000,000,000
0
Other Credit Extensions (AIG)
122,800,000,000
122,800,000,000
Unnamed GSE Program announced 11/25/08
100,000,000,000
 
Primary Credit Discount
92,600,000,000
92,600,000,000
ABCP Money Market Fund Liquidity Facility (AMLF)
61,900,000,000
61,900,000,000
Primary Dealer and Others (PDCF)
46,611,000,000
46,611,000,000
Net Portfolio Maiden Lane LLC (Bear Sterns)
28,800,000,000
26,900,000,000
Securities Lending Overnight
10,300,000,000
10,300,000,000
Secondary Credit
118,000,000
118,000,000
     

Federal Deposit Insurance Corporation - $1.788 trillion - 21%

FDIC Liquidity Guarantees
1,400,000,000,000
0
Loan Guarantee to Citigroup*
249,300,000,000
249,300,000,000
Loan Guarantee to Lending arm of General Electric
139,000,000,000
139,000,000,000
     

Treasury Department - $1.15 trillion - 13.5%

Troubled Asset Relief Program (TARP)
700,000,000,000
350,000,000,000
Fannie Mae / Freddie Mac Bailout
200,000,000,000
0
Stimulus Package
168,000,000,000
168,000,000,000
Treasury Exchange Stabilization Fund (ESF)
50,000,000,000
50,000,000,000
Tax breaks for banks
29,000,000,000
29,000,000,000
     

Federal Housing Administration - $300 billion - 3.5%

Hope For Homeowners
300,000,000,000
300,000,000,000
     

* $306 billion in guarantees, with C absorbing the first $29 billion in losses.

Additional losses are split 90% US Gvt, 10% C.
The math is 306 - 29 = 277 * .90 = 249.3

 
     
     

Bloomburg has a clever app called "Follow the $7.4 Trillion: Breakdown of the U.S. Government's Rescue Effort" also showing maximum commitments and current spending

 

| Home | Services | Speaking | Virtual Teams | OrgScope | Library | BlogIdeas l  About l Contact l

 

© 2011 NetAge, Inc. On the web since 1994