Tuesday, January 20, 2015

biggest losers in USA bailouts

General MotorsAuto CompanyMich.$50,744,648,329-$11,410,472,582
CIT GroupBankN.Y.$2,330,000,000-$2,286,312,500
Bank of America subsidiaries (incl. Countrywide)Mortgage ServicerCalif.$1,733,006,810-$1,733,006,810
JPMorgan Chase subsidiariesMortgage ServicerN.J.$1,729,464,351-$1,729,464,351
Wells Fargo Bank, NAMortgage ServicerIowa$1,450,603,187-$1,450,603,187
Ocwen Financial Corporation, Inc.Mortgage ServicerFla.$1,334,763,170-$1,334,763,170
ChryslerAuto CompanyMich.$10,748,284,222-$1,315,061,737
CalHFA Mortgage Assistance CorporationState Housing OrgsCalif.$1,217,490,000-$1,217,490,000
Florida Housing Finance CorporationState Housing OrgsFla.$536,250,000-$536,250,000
CitiMortgage, Inc.Mortgage ServicerMo.$466,951,968-$466,951,968

AND BIGGEST WINNERS? YOU GUESSED IT!!!!!!!
Fannie and Freddie

Freddie MacGovernment-Sponsored EnterpriseVa.$71,336,000,000$19,633,000,000
Fannie MaeGovernment-Sponsored EnterpriseD.C.$116,149,000,000$18,286,000,000
Citigroup
Received other federal aid. Click to see details.
BankN.Y.$45,000,000,000$13,448,572,616

http://projects.propublica.org/bailout/list

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