A few weeks ago I read an article(Huffpo) about a GAO 2011 audit of the Fed that the REAL bailout was $27 trillion. The article was by Alan Grayson, a progressive from Florida. It didn't get much media attention.
I did a Google for "2011 GAO audit of Fed Reserve" and there were reports of $17 trillion bailout.
The other day I ran across an article about $1.7 trillion bailout in the mainstream media vs. TARP bailout of $800 billion.
All I know is the banks made out big on these bailouts.
Can anyone illuminate me on the Fed, the conflicting numbers and the lack of media attention? Bob