The fact remains that the Fed money to financial institutions including foreign banks during the crisis never exceeded 1.5 Trillion outstanding, and it has all been paid back.
No, I don’t believe that GM paid back their loans, although a substantial amount has been paid back. What Obama did with the car makers was a pathetic giveaway to the unions, and a slap in the face of the creditors.
Just about what I expected from him....
LLS