Geithner told the Congressional Oversight Panel at a hearing that banks have repaid about 75 percent of the bailout money they received, and the government's investments in aided banks have brought taxpayers $21 billion. He acknowledged there likely will be a partial loss from the rescue of giant insurer American International Group Inc., into which the government plowed $182 billion.
prospects that General Motors and Chrysler will repay the nearly $60 billion in bailout money have improved.
Click on the following for more details: Geithner pressed on bank losses, homeowner aid; says taxpayers recovering bailout investment - chicagotribune.com
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