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US to make profit from bailouts

OpportunityCost said:
I see you are continuing with the trolling tactics. You are allowed to make your own arguments, you are not allowed to mischaracterize mine. That is not what I posted. Maybe its what you believe, its not what I believe.
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Oh so you don't mean this or that, you just mean that or this.
 
Oh well, the illusion was nice while it lasted.

The government’s watchdog for the $700 billion Troubled Asset Relief Program disputes suggestions the bailout fund would turn a profit for taxpayers, and warns that many small banks are still struggling to repay.

“It is a widely held misconception that TARP will make a profit,” said a report Wednesday by Christy Romero, the special inspector general for the TARP program, known as SIGTARP.

The Obama administration has said TARP has turned a profit on about $205 billion injected into banks, but still projects losses for the entire fund.
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Watchdog report: TARP will not turn a profit for taxpayers - Business - NewsObserver.com
 
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