a t.a.r.p. what s the payback right now? what banks have paid back? who still owes? tell americans what the balance sheets look like. we gave, what, $700 billion? $700 billion was allocated. we ultimately spent about roughly about $600 billion of it. we ve gotten about $450 billion of it back again. which bank who s paid back? oh, come on. i can t do this. aig has not. most of the big ones. we re going to do a hearing today on gmac. gmac certainly has not paid back. okay? we still are big shareholders i lost cause. well, they re still working to see if we can get some part of it back. so we re doing that, we ve still got our investment in the auto industry, we re going to make some investments in housing. so in terms of the dollars, most of the dollars, most of the dollars are going to come back and as the president said, if i don t get all the dollars back
why are the banks so eager to return these loans? it s in part because they are afraid of our next guest. joining us now is kenneth feinberg. he s the special master for t.a.r.p. executive compensation, also known as the pay czar by people who know that the word czar in this case is high personally and that he s probably not even really russian. mr. feinberg, thanks very much for coming on the show. thank you. as i understand it, your job is very narrowly defined by congress. you are to set executive pay limits at companies that received the most bailout money, and only why they still have bailout money outstanding, right? that s exactly right. that s the way the statute reads. i started with seven companies. bank of america and citigroup repaid the taxpayer. that was my primary objective under the law. they re out. in 2010, i m down to five companies, aig, gm, gmac, chrysler, and chrysler financial. when you say it was your primary objective, it was your
joining us now is kenneth feinberg. he s the special master for t.a.r.p. executive compensation, also known as the pay czar by people who know that the word czar in this case is high hyperbole and he s probably not even really russian. mr. feinberg, thanks very much for coming on the show. thank you. as i understand it, your job is very narrowly defined by congress. you are to set executive pay limits at companies that received the most bailout money, and only while they still have bailout money outstanding, right? that s exactly right. that s the way the statute reads. i started with seven companies. bank of america and citigroup repaid the taxpayer. that was my primary objective under the law. they re out. in 2010, i m down to five companies aig, gm, gmac, chrysler, and chrysler financial. when you say it was your primary objective, it was your primary objective to get those companies to pay the money back? clearly. the secretary of the treasury
maybe he is more hopeful than realistic right now. julie: maybe one of his new york new new year resolutions is to get along with people that hate him. the new york times, may be an gmac msnbc and cbs are going to say the same thing. julie: who knows. the president also claimed there was no collusion with russia yet again. this is obviously word from his lawyer, he talked about how collusion is not a crime. the mainstream media talks about collusion it is not actually against the law. the only reason it would be an obstruction of justice is there, and so far there is no proof that that s ever happened. i think hillary clinton and the dnc should be very concerned because they are the only ones who colluded with russia to try
political junkie, then wrote about it. number one, he learned that trump is inescapable. i could find almost no trump free part of the price. he realized that coverage of mr. trump at eclipse that of any single human being ever. he has taken up the semi permanent residence of every outlet of any kind, political or not. it s true. trump is on every magazine cover, even ones you wouldn t expect like cat fancy. i don t have a cat, but i m very constricted gmac intrigued by that cover. and here is the march issue of rights magazine brides magazine. and that is a good question. exploitation at this point. tom: trump s presence looms over everything. the super bowl.