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by ethan_g
3205 days ago
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I don't know why this was getting downvoted, because it's correct. All the banks repaid their TARP loans from the Fed at a significant profit (https://en.wikipedia.org/wiki/Troubled_Asset_Relief_Program). Even QE, which is not a direct bailout but certainly helped banks' profits, was substantially profitable for the treasury the last I heard. (edit) Let me add, I was no fan of the bail-outs when they happened. But I can't deny they were, in retrospect, really profitable. |
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