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> You should also note that the US Treasury ended up making $12B on that deal after repayments. Never rely on reporters from CNN to do arithmetic. This is the
by jpdoctor 15y ago
> You should also note that the US Treasury ended up making $12B on that deal after repayments.
Never rely on reporters from CNN to do arithmetic. This is the daily TARP update:
http://www.treasury.gov/initiatives/financial-stability/briefing-room/reports/tarp-daily-summary-report/TARP%20Cash%20Summary/Daily%20TARP%20Update%20-%2001.17.2012.pdf http://www.treasury.gov/initiatives/financial-stability/brie...
From
http://www.treasury.gov/initiatives/financial-stability/briefing-room/reports/tarp-daily-summary-report/Pages/default.aspx http://www.treasury.gov/initiatives/financial-stability/brie...
Edit: And for the record, that is from the US Treasury, who you know is going to put it in the best possible light(ie, least loss of $$).