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Nominally yes, but not when you consider borrowing cost and effects on deficit. The CBO has TARP costing 31 billion. [0] FDIC is paid by the banks but it seems
by haldujai 3y ago
Nominally yes, but not when you consider borrowing cost and effects on deficit. The CBO has TARP costing 31 billion. [0]
FDIC is paid by the banks but it seems probable it will be passed down to customers in banking fees at the end of the day.
[0] https://www.cbo.gov/publication/59062 https://www.cbo.gov/publication/59062