CNBC has been keeping track of the total dollars spent so far on the Financial Crisis that we are seeing.
That total is, $4.28 trillion. Â
The post, Financial Crisis Tab Already In The Trillions, says “… that number is more than what was spent on WW II, if adjusted for inflation, based on computations from a variety [...]

The history:

The F.A.Q.’s of Lehman and A.I.G. – Douglas W. Diamond and Anil K. Kashyap
Who needs a Bailout Bill: Federal Reserve bleeds out $410 Billion
AIG already spent $61 billion of the $85 billion
AIG officially asks for more money, $37.8 billion
AIG Borrows from government AGAIN! $20.9 billion now
Steal from Peter to pay Paul. AIG using Fed [...]

The NY Times published an article, Was There a Loan It Didn’t Like?.
The article goes into how one loan officer, was forced to put through very questionable loans.
If you came to this site to find out how or why a bank fails, this is definitely it.  Making banking a numbers game, where the numbers aren’t [...]

In an effort to find creative ways to deal with over $70 billion in bad mortgage loans JP Morgan Chase & Co has on its books, the banking giant has come up with a new plan to help its customers.  Its Loan modification program will go into effect over the next 90 days, and until [...]

We posted an article a few days ago, AIG already spent $61 billion of the $85 billion, and correctly predicted that they would need more money soon.
Who knows what types of crazy parties they could be planning with the next installment.
The new allowance is $37.8 billion. That is QUITE the party.
The story is posted [...]

As reported earlier last week in Who needs a Bailout bill: Federal Reserve bleeds out $410 Billion, even with out the 700 billion dollar bailout bill, the Federal Reserve has been lending out billion’s of dollars to trouble institutions world wide.
The Federal Reserve announced Monday that it will increase the money it makes available to [...]