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AIG, Auto Firms, Homeowners Drove $27B Bailout Loss: CBO

By Evan Weinberger ( April 17, 2014, 5:48 PM EDT) -- The Congressional Budget Office on Thursday said the unprecedented 2008 federal bailouts will end up costing the government and taxpayers $27 billion, with most of those losses stemming from assistance to American International Group Inc., General Motors Co., Chrysler LLC and homeowners rather than to banks....

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