I remember when $3.9 trillion sounded like a lot of money.

Just weeks after that unfathomable figure dropped my jaw to the ground as I added up the total cost of the financial crisis, I regret to inform you that the sum has promptly doubled. That's right: While the nation was mired in contentious debate over a measly $25 billion bailout for the likes of General Motors (NYSE: GM) and Ford (NYSE: F), my Foolish running tally grew by more than 188 times that amount!

Drawn from independent research and diverse published sources, the following table seeks to provide as precise an accounting of the crisis as the public record currently permits. By my calculations, the combined total of existing and announced outlays from the Federal Reserve and from U.S. government agencies that are directly attributable to the financial crisis has ballooned to more than $8 trillion.

Item

Issuer

Amount of Outlay

Commercial Paper Funding Facility

Federal Reserve

$1.8 trillion

Temporary Liquidity Guarantee Program

FDIC

$1.4 trillion

Term Auction Facility (TAF)

Federal Reserve

$900 billion

Fannie Mae (NYSE: FNM), Freddie Mac (NYSE: FRE), and Ginnie Mae

U.S. Treasury / Federal Reserve

$800 billion

Treasury Asset Relief Program (TARP)

U.S. Treasury

$700 billion

Total USD International Currency Swap Lines

Federal Reserve

$688 billion

Money Market Investor Funding Facility

Federal Reserve

$540 billion

Other Loans: Primary Dealer Credit, etc.

Federal Reserve

$288.7 billion

Citigroup (NYSE: C) Guarantee

U.S. Treasury / FDIC

$306 billion

Hope for Homeowners Act of 2008

U.S. Treasury

$304 billion

Term Securities Lending Facility (TSLF)

Federal Reserve

$225 billion

Term Asset-Backed Securities

Loan Facility (TALF)

U.S. Treasury

$200 billion

Economic Stimulus Act of 2008

U.S. Treasury

$168 billion

Paid to JPMorgan Chase (NYSE: JPM)

to Settle Lehman Brothers Debt

Federal Reserve

$138 billion

AIG (NYSE: AIG) Bailout

Federal Reserve

$112.5 billion

Bear Stearns Brokered Sale

Federal Reserve

$26.9 billion

I'm afraid to look …

Total:

$8,597,100,000,000

* "Other loans" total from the Fed's statistical release as of Nov. 19, 2008, which includes discount window lending to banks and brokerages, and the Asset-Backed Commercial