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NEED TO KNOW | The true cost of the bank bailout | PBS

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Published on Sep 7, 2010

http://www.pbs.org/wnet/need-to-know/... Much has been made of the $700 billion in taxpayer money used to bail out the banks in the Troubled Asset Relief Program (TARP). But Bloomberg News reporter Bob Ivry explains to NEED TO KNOW that the true cost was actually closer to $12.8 trillion. Need to Know airs Fridays on PBS. Watch full-length episodes of Need to Know at http://video.pbs.org/program/1458405365/

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