3 ms·
> govt made a profit from TARP That's like selling your used car for a "profit" during the recent supply chain issues caused by the pandemic. Sure, you might h
by qwerpy 4y ago
> govt made a profit from TARP
That's like selling your used car for a "profit" during the recent supply chain issues caused by the pandemic. Sure, you might have gotten more dollars from the sale than you did when you purchased it. But those dollars are worth a lot less now, and you would not be able to repurchase an equivalent car with those dollars.
The TARP profit line is how they deflect some of the outrage from yet another bank bailout. "See, it didn't cost you, the taxpayer, anything!".