Yes, that is borne out by what a one-time audit of the Federal Reserve revealed.<quoted text>
Point being that both Rommney and Obama are backed by legal tax cheats that neither of the plan to confront as they both make huge $$. You can play the blaim game and try to pin in on Obama but you only look foolish as your side does it just as much.
GAO Audit Reveals Fed Gave $16 TRILLION to TBTF Banks From 2007-2010
Citigroup:$2.5 trillion ($2,500,000,000,000)
Morgan Stanley:$2.04 trillion ($2,040,000,000,000)
Merrill Lynch:$1.949 trillion ($1,949,000,000,000)
Bank of America:$1.344 trillion ($1,344,000,000,000)
Barclays PLC (United Kingdom):$868 billion ($868,000,000,000)
Bear Sterns:$853 billion ($853,000,000,000)
Goldman Sachs:$814 billion ($814,000,000,000)
Royal Bank of Scotland (UK):$541 billion ($541,000,000,000)
JP Morgan Chase:$391 billion ($391,000,000,000)
Deutsche Bank (Germany):$354 billion ($354,000,000,000)
UBS (Switzerland):$287 billion ($287,000,000,000)
Credit Suisse (Switzerland):$262 billion ($262,000,000,000)
Lehman Brothers:$183 billion ($183,000,000,000)
Bank of Scotland (United Kingdom):$181 billion ($181,000,000,000)
BNP Paribas (France):$175 billion ($175,000,000,000)
TARP was the up-front Bailout which asked for 700 BILLION Plus.
The Behind the scenes BAILOUT, as determined by the Government Accounting Office, was over 16 TRILLION Plus. And this only covers a 2 1/2 year period.