I'd imagine it did pay off. They are paying 6.8 billion owed plus ~900 million in interest and fines. So they "lost" about 1% annually on this money over the la

I'd imagine it did pay off. They are paying 6.8 billion owed plus ~900 million in interest and fines. So they "lost" about 1% annually on this money over the last ten-ish years. Given the crowd, surely they invested the money. Not in Medallion since it is capacity constrained -- but almost everything in the past 10 to 11 years yielded big money. A funding cost of 1% is pretty amazing, they made a boatload of money off this 1% loan from the US Government.