So Fucking Banned
Join Date: Mar 2013
Mentioned: 36 Post(s)
Quoted: 4830 Post(s)
Government Bailouts Have Turned a Profit
Altogether, accounting for both the TARP and the Fannie and Freddie bailout, $609B has gone out the door—invested, loaned, or paid out—while $384B has been returned.
The Treasury has been earning a return on most of the money invested or loaned. So far, it has earned $237B. When those revenues are taken into account, -$12.5B is the net still outstanding as of Mar. 11, 2014.
This means the bailouts so far have made $12.5B profit (2.1%)
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