The Great Collapse of the American Financial System

Bailout has become the dirty financial word of the millennium. Hundreds of banks received a helping hand from the government, though many still failed and still more are teetering on the brink of failure. Here’s a breakdown of the nearly $11 trillion in bailouts that seemed to help so few. Have a look at where all that money went with our graphic look at the great collapse of the American financial system.

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$700+ Billion Later, How Are We Doing?

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Despite scathing criticism, the $700 billion Troubled Asset Relief Program (TARP) is part of today’s reality. Therefore, it is now important to determine just what we, the taxpayers, have gotten for our money. We need to know how the bailed-out companies and institutions are performing now that the funds have been dispersed. It wasn’t an easy job, but we trudged through the murky swamps of vague press releases and media spin to get the unvarnished facts about post-bailout performance. Here is how various bailed-out entities are doing today.

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