It looks like it’s the union auto industry bailout that was the costliest:
The much-maligned TARP program will cost taxpayers only $25 billion according to the latest estimates from the Congressional Budget Office. That’s substantially less than the $66 billion CBO estimated back in August or the $113 billion that the Office of Management and Budget estimated in October.
The good news, budget-wise, is that the government is on track to make about $22 billion on its assistance to banks.
However, CBO estimates that TARP’s other activities will cost $47 billion. This reflects aid to AIG ($14 billion), the auto industry ($19 billion), mortgage programs ($12), and a few smaller programs ($2 billion).
Donald Marron has more here.
TARP’s only one part of the Wall St bailout. Right now we have about $2 trillion outstanding.
http://www.sourcewatch.org/index.php?title=Total_Wall_Street_Bailout_Cost
Looks legit to me. Its interesting to see how little the actual Wall Street bailouts cost us. Just glance over the “Liquidity Loans to Banks and Financial Co.s” section and compare that to say, the government failed GSE’s (Fannie and Freddie) section “Support for Housing Market (Government Supported Enterprises, Fannie Mae and Freddy Mac, and Federal Housing Administration)”. Wow!