sentences:  The editors of Bloomberg View estimated there was an $83 billion annual subsidy to the 10 largest United States banks, reflecting a funding advantage of 0.8 percentage points due to implicit government support, meaning the profits of such banks are largely a taxpayer-backed illusion.Another study by Frederic Schweikhard and Zoe Tsesmelidakis estimated the amount saved by America's biggest banks from having a perceived safety net of a government bailout was $120 billion from 2007 to 2010.For America's biggest banks the estimated savings was $53 billion for Citigroup, $32 billion for Bank of America, $10 billion for JPMorgan, $8 billion for Wells Fargo, and $4 billion for AIG.