Discussion in 'Economy' started by Toro, Oct 21, 2010.
Bank Bailout Returns 8.2% Beating Treasury Yields (Update1) - Bloomberg.com
They enabled those firms to clean out their private stakeholders.
Fannie and Freddie don't count?
Tell that to Freddie and Sally and Fannie, and AIG.
you beat me to it.
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?
Yeah, the stakeholders who were raped when traditional bankruptcy rules were trashed by the White House.
It comes from dividends and interest received and capital gains from the sale of company securities.
I still get the feeling that this is not the entire TARP picture. Just on a particular category or something?
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.
Separate names with a comma.