Yes, and worse, they repaid it through government-sponsored arbitrage: bank "holding companies" borrowed from the Fed discount window at ultra low rates, and lo

Yes, and worse, they repaid it through government-sponsored arbitrage: bank "holding companies" borrowed from the Fed discount window at ultra low rates, and loaned to others at a higher rate. A bailout paid with a bailout, which tells us nothing about the health or viability of these financial institutions.