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> There is no evidence of who lost money, and it very well could have been taxpayers through the various bailouts. The taxpayers did not lose money in the bail
by asdfasgasdgasdg 8y ago
> There is no evidence of who lost money, and it very well could have been taxpayers through the various bailouts.
The taxpayers did not lose money in the bailouts . . . they didn't get acceptable risk-adjusted returns, but they didn't lose money.
- lotsofpulp 8y agoIt's the same thing. Warren Buffett got a great deal, Blackstone got great deals, anyone with cash at the time got better returns (equity) than taxpayers. Why shouldn't the taxpayers have been similarly rewarded?