bb tarp
the banksx paid back the tarp money with interest. That isn't a bailout that's an invesment.
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Fuck off, troll.
you are right waterloo, but so what!
To follow what Eddie said (in short)...
TARP was just a piece of the puzzle:
--The Fed gave out near-zero % interest rate loans to banks, foreign governments, non-banking companies, all over the world to the tune of $1.2 trillion
--The AIG backdoor bailout will NEVER be paid back (AIG was used as a funnel to give additional bailout funds to GS and the other TBTF banks)
--The TALF program (which was abused)
--Changes in mark-to-market accounting
And just generally...a bailout is socialist garbage. A no-strings attached bailout with the rules of the game rigged for those receiving the bailout is even worse.
Do some reading and educate yourself. This is all in the public domain and has been condensed for people with small brains to be able to read and understand.
Actually...just kill yourself.
And honestly, give me a fucking break. Should the US Government have done an even WORSE job with the bailout and NOT charged interest? They basically did the bare minimum with TARP, threw in a ton of other shit to rig the game for the banks (at the expense of taxpayers, mind you), and have done nothing of consequence to effectively eliminate the problems that led to the crisis.
So again...die.
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