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It was not interest-free: https://projects.propublica.org/bailout/list https://projects.propublica.org/bailout/list

• Retric 7y ago
  As that points out, not all loans where paid back. The interest from those that did result in a nominal profit, but it’s far from what private lenders received for loans in that time period. Thus opportunity cost, as it was a poor investment which is why it was called a bailout.
  • aantix 7y ago
    If they had other opportunities at higher rates, they would have lent at that rate.