Market Currents
The various bailout programs used to fight the financial crisis may end up earning a profit for...
-
Sunday, April 15, 2012, 3:43 AM ETThe various bailout programs used to fight the financial crisis may end up earning a profit for taxpayers, Treasury officials predict. Although losses from TARP are forecast at $60B and those from the rescue of Fannie and Freddie at $28B by 2022, earnings from Fed programs are projected to reach $179B through FY 2015.
Other date
Latest Macro Articles
This news story has 12 comments:
the hubris of the American people in there too....
The point here is all these creeps have their own agendas that they finance with the unwilling particpation of the taxpayer. Bring back the Draft and Iraq and Afganistan never would have happened.
year/deficit/president...
2011/1228/D/D/R
2010/1651/D/D/D
2009/1885/D/D/D
2008/1017/R/D/D
2007/500/R/R/R
2006/574/R/R/R
2005/553/R/R/R
2004/595/R/R/R
2003/554/R/D/R
2002/420/R/D/R
2001/133/R/D/R
What party had the majority during the largest 2 deficit spending years? Doesnt matter. Its all Bush's fault right?
And, now that there's been a profit made, how long will it take for the politicians to grab it and spend it on more governmental "profit making" opportunities? Like what they're doing now with the unspent TARP allocations from 2008?
The link to the actual treasury slideshow is below. Nice charts, but I still dont see how Fannie and Freddie begin generating tens of billions of dollars a year in profits.
http://1.usa.gov/HXrhXP