Steve Liesman at CNBC Runs the numbers on the housing bailout to this point:
Federal Reserve | $446 B | Term Auction Facilities, $150 B, Bear $29 B, $14 B Discount Window to Banks, Repurchase Agreements $88 B, Swap Lines to Euro banks $65B, Treasuries lent out for liquidity boost $100 B |
Federal Home Loan Bank | $274 B | Advances to member banks |
Fannie and Freddie | $621 B | |
FHA | $90 B | Added since October |
Total | $1431 B |
Ouch.