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No, The Big Banks Have Not "Paid Back" Government Bailouts and Subsidies

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posted on Dec, 6 2010 @ 04:54 PM
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No, The Big Banks Have Not "Paid Back" Government Bailouts and Subsidies


www.washingtonsblog.com

The big banks claim that they have paid back all of the bailout money they received, and that the taxpayers have actually made money on the bailouts.

However, as Barry Ritholtz notes:

Pro Publica has been maintaining a list of bailout recipients, updating the amount lent versus what was repaid.

So far, 938 Recipients have had $607,822,512,238 dollars committed to them, with $553,918,968,267 disbursed. Of that $554b disbursed, less than half — $220,782,546,084 — has been returned.

Whenever you hear pronunciations of how much money the TARP is making, check back and l
(visit the link for the full news article)




posted on Dec, 6 2010 @ 04:54 PM
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More lies... MSM cannot get anything right... the US government has not made a profit on TARP... We have heard in recent months that everything was fine with the Bank bailout... Recently, we find out they were even bailing out Toyota and Foreign banks not even related to the US... ... lies , lies , lies...

www.washingtonsblog.com
(visit the link for the full news article)



 
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