As of August 26, 2009, they appear to be ready to take allocation of One Billion ($1,000,000,000) of TARP money. Their parent Corp, CitiGroup has already collected 45 billion.
Ford was one of the very few automakers who did not take any bailout money from the government, thus the bailout has not affected their pricing.
When the government gives money to big businesses, so the big businesses can survive.
Ford did not receive any bailout money.
no
No, they did not.
Yes; there is a whole bunch of people who are unhappy about the bailout. Their argument is simple: Why must the government spend the taxpayers' money to help clear up the mess made by the financial gurus of Wall Street.
Yes, Citibank received bailout money during the 2008 financial crisis as part of the Troubled Asset Relief Program (TARP). The U.S. government provided significant capital injections to stabilize the bank, which included direct investments and loan guarantees. Citibank ultimately repaid the bailout funds, along with interest.
yes
The bailout did not get through Congress, but no, the money would come from the US taxpayers. Update: The bailout did pass, and the money is coming from the Treasury and Federal Reserve. This could be argued to suggest the money is coming from the taxpayers.
All government expenditures, including the bailout, come from the US Treasury. The US Treasury takes in tax money. If that is not enough to pay the bills (including the bailout), then the Treasury borrows additional money. Think of the Treasury as a big pile of cash. When you pay taxes, they throw your money in the pile. When they borrow money, that gets thrown in the pile, too. When they spend money, whatever is on top of the pile gets taken off and sent to whoever the money is owed to. The Treasury has not been taking in enough money to cover regular government expenses for the last eight years, let alone to cover the bailout. They borrow the rest. Politicians have not addressed the question of how they are going to pay back all the loans.
Obama
About 4 billion