The government was supporting the banking system. They supported large and small banks alike. Enormity of the cost? The bank portion of TARP was repaid, at a profit. The Fed short term loans were repaid, with interest. The only loss from TARP will be from the auto portion, the mortgage modification (giveaway) portion, and the money used to prop up Fannie and Freddie.
Paulson claimed "we will take down the US economy"? LOL!
The only thing funnier than your ignorance is your poor memory.
115 posted on 12/30/2011 9:08:34 AM PST by Toddsterpatriot
(Math is hard. Harder if you're stupid.)