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TARP recovered funds totalling $441.7 billion from $426.4 billion invested, earning a $15.3 billion profit or an annualized rate of return of 0.6% and perhaps a
by legolas2412 7y ago
TARP recovered funds totalling $441.7 billion from $426.4 billion invested, earning a $15.3 billion profit or an annualized rate of return of 0.6% and perhaps a loss when adjusted for inflation.
Amazing profit the taxpayers made!
If the bailout was such a good deal, maybe the private industry could do it?
- manigandham 7y agoYes, taxpayers didn't lose any money, made a tiny profit, and the economy was stabilized while preventing catastrophic failure. You consider this a bad outcome? Public and private sectors work together. Private enterprise is great for growth and freedom but there are emergency situations where the government can help for the good of society. What is so controversial about this?