ULTIMATEORANGESS

iTrader: (4)

http://www.freep.com/article/2013092...General-Motors


http://www.forbes.com/sites/maggiemc...-motors-stock/

Spoolin

iTrader: (8)

Interesting and nice to see that the Government actually made money in it's TARP bailout.

Z Fury

iTrader: (1)

TARP made money in part because a lot of the banks didn't even need a bailout. They were forced to take the money, then repay it at a later date plus interest. When the TARP bailouts were happening, there were a few banks that were actually penalized for paying it back too quickly.

Also, if you account for the time value of money, TARP lost potential investment income. Meaning had that same money been invested in the market for the same time period, it would have made a ****-ton more than the 0.5% that this appears to have earned.

Spoolin

iTrader: (8)

Since when does the government Invest in the stock market?? How is that a logical example of what the government could have done?

Point is the government bailed out a bunch of companies, (It's not a hypothetical thesis it's a fact...it actually happened). Nobody was happy about it, especially not "we" the tax payers. So in that light, I'm happy to see that at a minimum "we" the tax payers didn't lose our *** in the TARP bail-out.

jimmy169

Now calculate the losses if they hadn't, from the loss of confidence during a great recession to the loss of employee's and tax revenue. I'm sure a lot of people did the math and it was enough to make Bush sign off on it.

Irunelevens

Yep, which made me laugh more than a little bit at all the people talking about how "Obama is taking over GM." TARP was signed before he took office, he just kept the ball rolling. And realistically, I don't know that anything else could have been done.