$83 billion
Amount U.S. taxpayers pay to subsidize the top five banks — JPMorgan, Bank of America Corp., Citigroup Inc., Wells Fargo & Co. and Goldman Sachs Group Inc. — according to the Bloomberg View Editorial Board. The board said the banks “would just about break even in the absence of corporate welfare. In large part, the profits they report are essentially transfers from taxpayers to their shareholders.”
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