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Watchdog says taxpayers may lose $27B in bailout

WASHINGTON — A government watchdog says US taxpayers stand to lose $27 billion from the 2008 financial bailout, up from an estimate of $22 billion made in the fall.

A report issued Wednesday by the special inspector general for the Troubled Asset Relief Program says the estimate is higher because of increased losses for the Treasury Department on sales of shares in bailed-out companies.

Comments

That's the best looking 27Billion dollar fleecing you'll ever see.