ProPublica, a great independent website that helps cut through all the political spin, has a Bailout Tracker, which follows the flows of funds from the bailout. Here’s their latest summary:
The Bailout Scorecard
Last update: Aug. 29, 2012
Altogether, accounting for both the TARP and the Fannie and Freddie bailout, $604 billion has gone out the door–invested, loaned, or paid out–while $319 billion has been returned.
The Treasury has been earning a return on most of the money invested or loaned. So far, it has earned $87.5B. When those revenues are taken into account, $197.1B is the net still outstanding as of Aug. 29, 2012.
So, the financial bailouts that saved the banking sector and auto industry, saving millions of jobs, has been mostly returned to the Treasury. The biggest outstanding balance is with Fannie and Freddie, who still have $141 billion still outstanding.