Government actually making a profit from TARP [The Economist]

Discussion in 'Economics' started by Unhommefou, Aug 25, 2009.

  1. Who cares, TARP was a PR campaign. Making the public think the bankers "came clean". Trillions were still given away in buying toxic assets, and government guarantees (that means the risk is on the tax payer, remember PPIP?)
  2. SO they made 23% on $10 billion from GS? What about the other $690 billion?

    Also, AFAIK AIG didn't say they WILL be able to repay, the new CEO said he WOULD LIKE to repay.
  3. Daal


    Please, its not like the government can beat the market, everything is rising, equities, debt, whatever. Any fool whos long is showing a profit. Lets look at this again in 1 year and see how they are doing