Discover Bank did not receive a bailout during the financial crisis. Unlike many other financial institutions, Discover was able to remain solvent and did not participate in the Troubled Asset Relief Program (TARP) or similar government assistance programs. As a result, the bank operated independently without federal bailout funds.
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.
Comerica Bank received $2.25 billion in bailout funds through the Troubled Asset Relief Program (TARP) in 2008. This was part of a broader effort by the U.S. government to stabilize the financial system during the economic crisis. The funds were intended to help the bank bolster its capital base and continue lending amidst the financial turmoil.
Much of it is still evolving. Suggest you review wikipedia under bailout plan.
25 Billion
It would depend on the interest rare percentage received.
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.
Comerica Bank received $2.25 billion in bailout funds through the Troubled Asset Relief Program (TARP) in 2008. This was part of a broader effort by the U.S. government to stabilize the financial system during the economic crisis. The funds were intended to help the bank bolster its capital base and continue lending amidst the financial turmoil.
30 billion
Ford did not receive any bailout money.
Chrysler received approximately $12.5 billion in federal bailout money during the 2008 financial crisis. This assistance was part of a broader government effort to stabilize the auto industry, which was significantly impacted by the economic downturn. In exchange for the bailout, Chrysler underwent a restructuring process and ultimately emerged from bankruptcy in 2009.
About 4 billion
Much of it is still evolving. Suggest you review wikipedia under bailout plan.
24 billion for the big three
25 Billion
It would depend on the interest rare percentage received.
GMAC/Ally Bank received $16.28 Billion. It has not paid any of back yet. If you want to go to a bank that did not take TARP money I suggest FNBO Direct. If you want to go to a bank with high rates on savings accounts I suggest American Express bank, which received TARP money, but paid it all back.
Ford did not take bailout funds from the U.S. government during the 2008 financial crisis, unlike General Motors and Chrysler, which received significant assistance. Instead, Ford secured a $23.5 billion loan from the U.S. Department of Energy in 2009 to support the development of fuel-efficient vehicles and to restructure its operations. Ford managed to avoid bankruptcy by leveraging its assets and securing private financing prior to the crisis.