US Government Makes $25 Billion on Bank Bailouts

Discussion in 'Economy' started by Toro, Oct 21, 2010.

  1. Toro
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    Toro Diamond Member

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    Bank Bailout Returns 8.2% Beating Treasury Yields (Update1) - Bloomberg.com
     
  2. Revere
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    They enabled those firms to clean out their private stakeholders.
     
  3. CrusaderFrank
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    CrusaderFrank Diamond Member

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    Fannie and Freddie don't count?
     
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  4. loosecannon
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    loosecannon Senior Member

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    Tell that to Freddie and Sally and Fannie, and AIG.
     
  5. loosecannon
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    loosecannon Senior Member

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    you beat me to it.
     
  6. uscitizen
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    uscitizen Senior Member

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    So just like that 25 billion profit? From whom? Money has to come from somebody.
    Or is that a bogus only exists on paper thing?
     
  7. Revere
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    Yeah, the stakeholders who were raped when traditional bankruptcy rules were trashed by the White House.
     
  8. Toro
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    Toro Diamond Member

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    It comes from dividends and interest received and capital gains from the sale of company securities.
     
  9. uscitizen
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    uscitizen Senior Member

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    I still get the feeling that this is not the entire TARP picture. Just on a particular category or something?
     
  10. loosecannon
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    loosecannon Senior Member

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    a whole bunch of it came from the feds turning a blind eye while the big banks scammed the stock market with robotrading bots.

    GS made $100 million/day for 87 of 91 days in Q1 2010.
     

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