Report: US makes $4 billion from bailout banks - Yahoo! News »
Posted By gunnyreef 3 months, 3 weeks ago in News
The US government has hauled in about $4 billion in profits from large banks that have repaid their obligations from last year's federal bailout, The New York Times reported Sunday.
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gunnyreef
I am a true conservative, i believe in limited government, low taxes, personal responsibility,states rights and personal freedom! I tow no party lines and ...
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MRCOFFEECAKE3 months, 3 weeks ago
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The negative Bushies don't accept that there's a new sheriff in town and he isn't going to hesitate pulling out all stops.
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of course he'll make mistakes, but all great leaders are willing to make mistakes to acheive results. it's losers like Bush who only did what he was told to do that got us into this mess..'
They are just too blind or stubborn to admit that we need to try
creative and drastic concepts..and NO, that isn't Socialism..
By the way, having a SOCIAL conscience is NOT an "ism"..
They NEVER would have thought of the government getting interest on loans.. That's capitalism..So what are they??
They are fools defending a still sinking ship. (but the rats are still on it) -
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beavith13 months, 3 weeks ago
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worse, cupcake, just because a few are returning a 'profit' doesn't mean we haven't lost our a$$e$ on the total outlay.
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and its not just us, its our kids and grandkids are going to ahve to wrestle with this sucky balance sheet.
forget the politics. you're a businessman. how long could you operate with negative cash flow?
and this isn't the end. another 400 banks are teetering and the FDIC is close to insolvent.
while you're thumping your chest about how great Obama is, do you think you could have him do something about the banks? while he's trumpeting fom the heights about universal health care, our financial system is having death spasms.
so far, he's got more in common with Nero than any other president that's come before. -
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all2funComment removed: Hard Banned
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injest3 months, 3 weeks ago
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Me think this article is a little deceptive.
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There was $700 BILLION in TARP money.
Only $350 (GAG) BILLION was paid out to banks, the rest went to the auto bailout and who knows what else.
This report ONLY mentions SOME large banks, but the impression implied here is the TOTAL $700 BILLION has been paid back with a profit of $4 BILLION.
I may be wrong, hope I am wrong, but this article just doesn’t look right. -
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injest3 months, 3 weeks ago
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Jeboba
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I can't believe you cons. The ink isn't even dry on the bailouts yet and you expect total ROI immediately! What fools. What part of business class did you fail?
Uhm this is the TARP, this is the first half of the Bush bailout.
True it seems to be working. The second half of this is what Obama took over.
This article is not about Obama’s ARRA plan.
Try and follow along.
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