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Tags: bailout | fund

Geithner: $109.6 Billion Left in Bailout Fund

Tuesday, 21 April 2009 09:11 AM

The Treasury Department says there are $109.6 billion in resources left in the government's $700 billion financial rescue fund.

But officials expect the fund will be boosted over the next year by about $25 billion as some institutions pay back money they have received. That would boost the fund to $134.6 billion.

The accounting details were made by Treasury Secretary Timothy Geithner in a letter to Elizabeth Warren, the head of the Congressional Oversight Panel.

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FinanceNews
The Treasury Department says there are $109.6 billion in resources left in the government's $700 billion financial rescue fund. But officials expect the fund will be boosted over the next year by about $25 billion as some institutions pay back money they have received. That...
bailout,fund
75
2009-11-21
Tuesday, 21 April 2009 09:11 AM
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