View Single Post
Old 10-01-2010, 03:49 AM   #1
estheticianI

Join Date
Oct 2005
Posts
503
Senior Member
Default 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
estheticianI is offline


 

All times are GMT +1. The time now is 05:52 PM.
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
Design & Developed by Amodity.com
Copyright© Amodity