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Republicans to Attribute TARP to Bush
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10-01-2010, 03:49 AM
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estheticianI
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Oct 2005
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Republicans to Attribute TARP to Bush
It looks like all the loans to banks (and other financial institutions) will end up getting repaid with a profit. The handouts to homeowners and car companies won't be. And the loans to big banks are more likely to be repaid at a profit than are the loans to smaller banks.
As always, on a moral scale:
big banks > little banks > homeowners > unions
On a side note, one of the reasons that big banks didn't end up costing the taxpayers money is prop trading and OTC derivatives market making.
Smaller banks that merely lent money to consumers and businesses were much more badly impacted.
Diversification
Zombie Volcker
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