1. $ 10 billion TARP funds (just so everyone will be in the same boat!);
2. 12.9 billion from AIG TARP funds used for GS counterparties;
3. 1.9 billion of the AIG funds used for its own purposes;
4. 5 billion loan from Buffet;
5. 589 billion PDCF short term loans from the Federal Reserve;
6. 193 billion TSLF
7. either 53.4 billion or 30 billion from ST OMO (shingle-tranche open-market operations)
It adds up to a total of $865.2 billion (and we shouldn't be surprised if there are more secrets out there to be disclosed and the sum reaches 1$ trillion.)
If you want to see a chart of the money that Goldman Sachs has borrowed over the years, see here.
Just think, if that money had been used to increase employment, help homeowners, assist states that need help, etc. instead of creating all those billionaires and millionaires with their fat salaries, bonuses and stock portfolios!
Here is Zero Hedge's Tyler Durden on bailout programs:
Fed Releases Details On Secret $855 Billion Single-Tranche OMO Bailout Program: Just Another Foreign Bank Rescue Operation
By Tyler Durden - Zero Hedge
A month ago we reported about Bob Ivry's discovery that the Fed had been conducting a secretive bailout operation between March and December 2008, under which banks borrowed as much as $855 billion over the time frame for a rate as low as 0.01%. As the Fed itself explains following a just disclosed launch of a page dedicated to this Saint OMO, "The Federal Reserve System conducted a series of single-tranche term repurchase agreements from March 2008 to December 2008 with the intention of mitigating heightened stress in funding markets. These operations were conducted by the Federal Reserve Bank of New York with primary dealers as counterparties through an auction process under the standard legal authority for conducting temporary open market operations. In these transactions, primary dealers could deliver any of the types of securities--Treasuries, agency debt, or agency MBS--that are accepted in regular open market operations. By providing term funding to primary dealers, this program helped to address liquidity pressures evident across a number of financing markets and supported the flow of credit to U.S. households and business." Well, not really. As the chart below shows the banks, pardon primary dealers, that benefited the most from this secret iteration of Fed generosity were once again foreign banks, with the Top 5 borrowers being Credit Suisse, Deutsche Bank, BNP Paribas, RBS and Barclays. Together these five accounted for $593 billion of total borrowings, or 70% of the total. So perhaps the Fed should rephrase the last sentence to "supported the flow of credit to U.S. European households and business" which is to be expected. After all, as we have demonstrated before, the European banking system's liabilities are orders of magnitude greater than the US. So in order to preserve the global Ponzi (a main reason why Greece must never be allowed to fail), the biggest weakness that has to be addressed constantly is and will be in Europe.
Read the entire article here