Pop Quiz: What Did Washington’s Bailout Bonanza Buy for America?

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As the road to November’s presidential election heats up, bailouts are becoming one of the hot debate topics. Little wonder: Between the 2008 decision to bail out Wall Street and the 2009 decision to bail out Detroit, the government’s high-investment, high-stakes involvement in private enterprise has drawn scads of criticism from both sides of the political divide. But amidst all the political bloviating, some key facts have been obscured.

How much did the bailouts cost, and how many companies did they help? Have they been a total loss, or do they show some signs of profit? If you’re interested in the answer to this and other bailout questions, take a peek at our bailout quiz!

Bruce Watson is a senior features writer for DailyFinance. You can reach him by e-mail at bruce.watson@teamaol.com, or follow him on Twitter at @bruce1971.


Tagged: Bail loans, bailout, bailout bill, bailouts, bank bailout, Chrysler, Citigroup Inc, debt, Detroit, Federal National Mortgage Association (Fannie Mae), Finance, Ford Motor Company, general motors, Gm,

Around The Web:

In States With GM Plants, Bailout’s Success Is No Guarantee of Votes

Plot Twist in the AIG Bailout: It Actually Worked

Better Question: How Much Did AIG Pay For The Government’s Bailout?

The Bailout Truth Squad throws a flag

Where The Bailouts Stand, In 1 Graphic : Planet Money : NPR

Tracking the $700 Billion Bailout – The New York Times

Follow the money: Bailout tracker – CNNMoney.com

Article source: http://www.dailyfinance.com/2012/09/15/pop-quiz-what-did-washingtons-bailout-bonanza-buy-for-america/

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