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by masonic 2705 days ago
"Altogether, accounting for both the TARP and the Fannie and Freddie bailout, $632B has gone out the door—invested, loaned, or paid out—while $390B has been returned."

It goes on to claim revenues that make up the difference in the stated amounts.

However, I don't see them say these figures are inflation-adjusted. 2018 dollars are roughly worth 83 cents in 2008 terms.

More importantly, those Propublica stats cover only TARP and the Fannie Mae / Freddie Mac bailouts. It counts the fake "profits" on the GM bailout[0] but not the losses on the losing end of the GM reorganization split[1], serving to bail out union pension plans.

[0] https://hubpages.com/politics/Obama-General-Motors-GM-Tarp-B...

[1] https://en.wikipedia.org/wiki/General_Motors_Chapter_11_reor...

1 comments

It says right there on the page "$390B - Money returned to Treasury by bailed-out companies." It's not an outstanding amount.
Hence my writing "It goes on to claim revenues that make up the difference" in the first place.