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Nuclear Unicorn

(19,497 posts)

9. The TARP was used to pay off bad investments.

Reply to B2G (Reply #7)

Fri Dec 19, 2014, 04:08 PM

Dec 2014

That means losing investments became profitable investments. That means those who made those investments profited. That the government gained more than it put in may not even be anything more than an accounting trick.

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TARP is now over, and it made $15 billion in profits [View all] babylonsister Dec 2014 OP

Oops! I can't wait to see the reaction from all corners. stevenleser Dec 2014 #1

I'm sure everyone who lost their homes will be thrilled ohnoyoudidnt Dec 2014 #2

just great, thanks obama belzabubba333 Dec 2014 #3

So then the destruction of Dodd Frank was a good thing SomethingFishy Dec 2014 #4

Why did TARP show a paper profit? Because the real, $16 trillion bailout.... PoliticAverse Dec 2014 #5

Assuming this is accurate (and not an accounting trick of the sort that initiated the TARP) Nuclear Unicorn Dec 2014 #6

What private profit? B2G Dec 2014 #7

The TARP was used to pay off bad investments. Nuclear Unicorn Dec 2014 #9

How does my friend whose home was stolen, get any of this money? So far sabrina 1 Dec 2014 #8

The steel plant I worked in shut down after over 150 years of operation, doc03 Dec 2014 #10