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Nobody would receive the bailout money directly/Freely.
The US Federal Reserve plans at buying illiquid securities from the banks & other financial institutions that are in trouble now. They would be buying assets like MBS (Mortgage Backed Securities), CDO's (Collateralized Debt Obligations) etc
The proportion in which each banks assets would be bought by this bailout plan would be decided by the plan coordinators.
The proceeds of this asset buying by the reserve (Cash) would be used by these banks and financial institutions to meet their liquidity needs and to infuse further liquidity into the economy.
The Fed Reserve would sell these assets at a later point of time once the economy stabilizes and repay the Treasury.
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∙ 15y ago
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Did Ford receive bailout money?
no
Did GE Money Bank receive bailout money?
yes
Did US Bank receive bailout money?
Yes. $7 billion
How much did JP Morgan Chase receive in bailout money?
25 Billion
How much bailout money did citi corp receive?
The Citi group bailout was agreed for $45Billion same as the Bank of America bailout. The numbers about who got what and how they are spending it are pretty much a secret.
How much bailout money did FORD receive?
Ford did not receive any bailout money.
Did Ford receive bailout money?
no
Did GE Money Bank receive bailout money?
yes
Did US Bank receive bailout money?
Yes. $7 billion
How much did JP Morgan Chase receive in bailout money?
25 Billion
How much bailout money did citi corp receive?
The Citi group bailout was agreed for $45Billion same as the Bank of America bailout. The numbers about who got what and how they are spending it are pretty much a secret.
Did gmac mortgage receive federal bailout money?
As of today, Jan 9, 2009, General Motors did receive federal bailout money. While it cannot be proven that some of that money went to GMAC without seeing GM's financial records, there is a very high probability that it did.
Did HSBC get a bailout under TARP?
HSBC did not receive bailout funds. However, AIG is strongly connected to HSBC, and AIG accepted the TARP money. This contributed a significant amount to HSBC.
Did ING receive bailout funds?
yes.
Did Toyota receive a Obama bailout?
yes they did
How do we receive a grant up to $50,000 or 6 months mortgage payments?
How do we receive the government mortgage bailout money available up to $50,000 or 6 months mortgage payments?
Did discover bank receive tarp monies?
yes What was the total amount of money that Discover Bank received from the Economic Stimulus (bailout) plan?
