The bailout costs are dominated by Fannie and Freddie: while all other bank bailouts may net cost taxpayers tens of billions or less, Fannie and Freddie alone are already costing about $350 billion (the current government figure), and the Fed additionally holds roughly $1 trillion of their mortgages without marking them to market.

factualpending

Speaker

Charles Calomiris

Evidence Quote

all the other bailouts of all the other banks will probably cost us net in the tens of billions or maybe less but Fannie and Freddie alone already are costing us three hundred fifty billion

Source

Charles Calomiris on the Financial Crisis 10/26/2009EconTalk
Created: 6/15/2026, 9:20:15 AM

My Notes

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