What U.S. Bailout Money Could Do For The Rest Of The World

03/18/2010 05:12 am 05:12:02 | Updated May 25, 2011

Ever wonder how all that money spent on government bailouts of U.S. companies and banks could have been spent differently? The Business Insider did. On the heels of commercial lender CIT's recent bankruptcy announcement and the loss of $2.3 billion in taxpayer money, the publication asked several humanitarian groups how they would have spent the money to help people around the world.

Here are a few of our favorites from the International Rescue Committee:

378.3 million malaria-preventing mosquito nets
$6.08 would pay for a family-sized, insecticide treated mosquito net. Add to this malaria treatment --232 would provide treatment for 200 people - and you have an effective way to prevent the deaths of millions worldwide.

44.2 million girls in school for a year
$52 would enable an afghan girl to attend school for one year.

Emergency medicine for 5.16 million people
$446 would pay for an emergency medical kit which includes medicine, equipment and other supplies, enabling an IRC health team to provide medical services during an emergency for up to 10,000 people.

To read all 10 ways that $2.3 billion could have been spent to improve lives in developing countries, check out The Business Insider article and slideshow.

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