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Loans that no one expects to be repaid.
Some funds, like the money for AIG, are for loans the government expects to be repaid, with interest unless the borrower defaults.
The AIG portfolio includes a Federal Reserve Bank of New York loan to Maiden Lane III of about $8 billion, which the GAO analysis expects to be repaid in full and net additional returns.
Similar(57)
Only $347 million of that amount is so far expected to be repaid, he said.
But because she lent money, even if she didn't expect to be repaid, questions arise.
JPMorgan said it expected to be repaid after that deal was completed.
Some lenders said they did not even expect to be repaid.
Bank creditors are expected to be repaid in full once an estimated $6 billion in loans come due.
Such a system would likely persuade lenders to avoid tyrants, as they would no longer expect to be repaid.
RBS will create an internal "bad bank", ringfencing £38bn of toxic assets such as loans not expected to be repaid.
It said the amount of doubtful debt, which is not expected to be repaid, is projected to increase from $1.9bn in2015-162015-16bn in 2025-26.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com