Taxpayers benefit from rescue program that helped major firms:

11/6/2009 | NYTimes.com

General Electric Capital, Citigroup, Bank of America, JPMorgan Chase, Morgan Stanley and Wells Fargo were among the major institutions that saved billions of dollars on their borrowing costs thanks to a government guarantee on bonds they issued, according to a congressional panel. The committee also said taxpayers had turned a profit on the guarantees so far.

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