Tally July 2009

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SupplementalAnalysisfor

ItTakesaPillage:BehindtheBailouts,Bonuses,andBackroomDealsfromWashingtontoWallStreetbyNomiPrins

(JohnWiley&Sons,2009)

NomiPrinsLLC Page1of16

BailoutTallyReportbyNomiPrinsandKrisztinaUgrin

July31,2009

TheTotalBailout$ inbillions

$8,225

$6,807

$2,324

FederalReserveTreasuryDepartment

FDIC


WhoGaveIt WhoGotIt

$8,225

$6,807

$2,324

$1,301

$651


FDIC

Joint

Other


FederalReserve

Joint

7%

Other

3%

WhoGaveItWallStreet**

$17,488

91%

WhoGotIt

$8,225

$6,807

$2,324

$1,301

$651


FDIC

Joint

Other


FederalReserve

43%

Treasury

Department

35%

FDIC

12%

Joint

7%

Other

3%

WhoGaveIt

American

Citizens*

$1,820

9%

WallStreet**

$17,488

91%

WhoGotIt

$8,225

$6,807

$2,324

$1,301

$651


FDIC

Joint

Other


FederalReserve

43%

Treasury

Department

35%

FDIC

12%

Joint

7%

Other

3%

WhoGaveIt

Chartsdonot includeFHFA's"implied"guarantees.

American

Citizens*

$1,820

9%

WallStreet**

$17,488

91%

WhoGotIt

$8,225

$6,807

$2,324

$1,301

$651


FDIC

Joint

Other



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Date ImpliedGuarantees AmountDecember 10 2008 FHFAFannie Mae Freddie Mac Conservatorshi 63 5 500 000 000 000

Obligationsthathavebeenviewedasenjoyinganimpliedguarantee:


, , , , ,

December10,2008 FHFAImpliedGuaranteeofFHLBliabilities64

1,300,000,000,000$

Total: 6,800,000,000,000$

Totalpotentialsupportincludingimpliedguarantees: 26,107,137,000,000$

TopRecipientsoftheFederalBailout:

$350

$400

$450

$387.9

$72.8

$200

$250

$300

$350

$400

$450

Repaid$387.9

$181.8$101.8

$69.7 $53.6 $36.9 $88.7

$72.8

$25.0$10.0

$10.0$3.6

$50

$100

$150

$200

$250

$300

$350

$400

$450

Repaid

Owed$387.9

$181.8$101.8

$69.7 $53.6 $36.9 $25.0$88.7

$72.8

$25.0$10.0

$10.0$3.6

$

$50

$100

$150

$200

$250

$300

$350

$400

$450

Citigroup AIG BankofAmerica JPMorganChase GoldmanSachs WellsFargo MorganStanley Automotive

Industry

Repaid

Owed

$inbillions


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March17,2009 MerrillLynch:fromAIGMaidenLaneIII89

3,100,000,000$ AIG

March17,2009 MerrillLynch:AIGSecuritiesLendingCounterparties90

1,900,000,000$ AIG

June12,2009 BankofAmerica TARP:HomeAffordableModificationProgram91

804,440,000$ Treas

Total: 101,830,740,000$


Date JPMorganChase&Co. Amount EntityMarch24,2009 MaidenLaneLLC(BearStearns)

9228,820,000,000$ FRBNY

October28,2008 TARP:CapitalPurchaseProgram93

25,000,000,000$ Treas

asofJune1,2009 TemporaryLiquidityGuaranteeProgram(TLGP)94

40,458,900,000$ FDIC95

March17,2009 AIGFP 400,000,000$ AIG

Subtotal: 94,678,900,000$TARP

Payback

June

17,

2009:96 25,000,000,000$

Treas

Total: 69,678,900,000$

Date GoldmanSachs Amount EntityOctober28,2008 TARP:CapitalPurchaseProgram

9710,000,000,000$ Treas

TemporaryLiquidityGuaranteeProgram(TLGP)98

29,720,000,000$ FDIC

17.March09 fromAIGFP99

2,500,000,000$ AIG

17.March09 fromAIGMaidenLaneIII100

5,600,000,000$ AIG. , , ,

17.March09 AIGSecuritiesLendingCounterparties101

4,800,000,000$ AIG

AvailablefundingunderCPFFapproximately:102

11,000,000,000$ FRB

Subtotal: 63,620,000,000$TARPPaybackJune17,2009:

10310,000,000,000$ Treas

Total: 53,620,000,000$

Date WellsFargo Amount EntityOctober28,2008 TARP:CapitalPurchaseProgram

10425,000,000,000$ Treas

April13,2009 TARP:HomeAffordableModificationProgram105

2,410,010,000$ Treas

asofJune1,2009 TemporaryLiquidityGuaranteeProgram(TLGP) 9,496,000,000$ FDIC

Total: 36,906,010,000$


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ChryslerLBReceivablesTrust TARP:(AIFP)repaid3/17/097/14/2009129

(1,500,000,000)$ Treas

July10,2009 ChryslerHoldingLLC TARP:WarrantySupportProgram/AutoWarrantyCommitmentProgramrepaid130

(280,130,642)$ Treas

July10,2009 GeneralMotors TARP:AutomotiveIndustryFinancingProgram(AIFP)repaid131

(360,624,198)$ Treas

July8,2009 GMSupplierReceivablesLLC&ChryslerReceivablesSPVLLC (ASSP)adjusted132

(1,500,000,000)$ Treas

Total: 88,726,024,131$


cronyms

Treas TreasuryDepartment

FRB FederalReserve

Bank

FRBNY FederalReserveBankofNewYork

FDIC FederalDepositInsuranceCorporation

FHFA FederalHousingFinanceAgency

Joint TreasuryDepartment,FederalReserveBank,FederalDepositInsuranceCorporation

Forquestionsorcommentscontact:[email protected] [email protected].


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125

126

127

128 U.S.DepartmentoftheTreasury,FACTSHEET:ObamaAdministration AutoRestructuringInitiativeGeneralMotorsRestructuring,pressrelease:tg179,May31,2009,

FederalDepositInsuranceCorporation,FDICApprovesGMACFinancialServicesParticipationinTLGP,pressrelease,May21,2009,

http://www.fdic.gov/news/news/press/2009/pr09073.html.

U.S.DepartmentoftheTreasury,TARPTransactionReportforPeriodEndingJune17,2009, June19,2009,http://www.financialstability.gov/docs/transactionreports/transactionsreport061909.pdf.

Ibid.


129

130 Ibid.131

. . , , , , ,

http://www.treas.gov/press/releases/tg179.htm;U.S.DepartmentoftheTreasury,TARPTransactionReportforPeriodEndingJune17,2009,June19,2009,

http://www.financialstability.gov/docs/transactionreports/transactionsreport061909.pdf.

U.S.DepartmentoftheTreasury,TARPTransactionReportforPeriodEndingJuly24,2009,July28,2009,http://www.financialstability.gov/docs/transaction

reports/transactionsreport_07282009.pdf.

I i .132 Ibid.


Tally July 2009

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