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Where The Bailouts Stand, In 1 Graphic

It's been four years since the U.S. launched a massive bailout of the financial system and the auto industry. While much of the bailout money has been paid back, the government still owns large shares in companies such as AIG and GM, and has yet to recoup some $200 billion in bailouts.

Here's a breakdown by industry.

The largest banks have repaid their bailouts, with interest. But the government has not recouped its bailouts of many mid-sized and small banks. This complete list of bailed out banks shows which ones have paid the money back and which have not.

Fannie and Freddie were private companies created by the federal government to make it easier for people to get mortgages. They collapsed in 2008 and were taken over by the government. For now, all profits they earn flow back to the federal government, increasing the amount of the bailout that's been paid back.

AIG, the giant insurance company, is still majority owned by the government. But that will soon change. The Treasury department has been selling off stock that it acquired as part of the bailout, and just said that it will sell off another $18 billion worth.

The auto bailout went to two companies: GM and Chrysler. The government still owns a large share of GM, which accounts for almost all of the unrecovered bailout money from the industry.

Notes:

These figures come from ProPublica, which has tons of bailout data. The numbers are based on funds disbursed by the Treasury Department, and don't include programs launched by the Federal Reserve as part of the bailout. "How Much They've Paid Back" includes money bailout money recovered by the Treasury through direct payments, dividends, interest, stock sales and other means.

Copyright 2020 NPR. To see more, visit https://www.npr.org.

Lam Thuy Vo
Jacob Goldstein is an NPR correspondent and co-host of the Planet Money podcast. He is the author of the book Money: The True Story of a Made-Up Thing.
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