Let Banks Fail Is Iceland Mantra as 2% Joblessness in Sight

[pampango]

12. About $200 billion, but if you don't think FDR's actions are relevant to today,

why do you want to know about the 1933 bank bailout cost?

Oh what the heck:

Besides deposit insurance and a banking act that controlled competition and interest rates, Roosevelt drastically enlarged and expanded the role of the Reconstruction Finance Corporation, which was established in 1932.

The agency made loans to troubled banks, and seized and sold off distressed assets at others. After government inspections, many small banks never reopened, with more than 4,000 closed in 1933. The agency also bought stock in 6,000 banks, at a cost of $1.3 billion. In proportion to today’s economy, the program would amount to about $200 billion.

To insure an adequate supply of currency, the Act provided for the issuance of Federal Reserve Notes.... After the Act was signed into law, the Bureau of Engraving and Printing promptly went into 24-hour production to manufacture the currency....

http://www.nytimes.com/2009/01/27/business/economy/27fdr.html?pagewanted=all&_r=0

The other programs he put in place to help Main Street sure didn't apply now.

Not sure exactly what you mean. Much of 'the other programs he put in place' have been repealed so they cannot help 'now'. Are you saying that or that they would not help if there were still in effect?