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: Loan Modification & Home Loan News

Geithner says bailout will cost less than $25B

By Moe Bedard

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Image via Wikipedia (Source: Associated Press/AP Online  By MARCY GORDON) WASHINGTON – Treasury Secretary Timothy Geithner said Thursday that the $700 billion financial bailout will end up costing taxpayers less than congressional analysts have estimated. The Congressional Budget Office has estimated that taxpayers will lose $25 billion on the rescue of banks, other financial institutions [...]

Full post as published by Loan Modification & Home Loan News on December 16, 2010 (boomark / email).

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