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Does anyone know what the final cost of the RTC (Resolution Trust Corp.)
was? We heard how many assets it took over, but after selling them off, I
wonder what the actual cost to the US was.
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"Gil Faver" <rowdy'sboss@xxyz.com> wrote in message
news:InPAk.227777$102.166360@bgtnsc05-news.ops.world
net.att.net...
> Does anyone know what the final cost of the RTC (Resolution Trust Corp.)
> was? We heard how many assets it took over, but after selling them off, I
> wonder what the actual cost to the US was.
The below areticle suggests the cost at a $124 billion loss on a bailout of
$400 billion. (Half what we might expect this time?)
http://topics.nytimes.com/top/reference/timestopics/
organizations/r/resolution_trust_corporation/index.h
tml?inline=nyt-org
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