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To: HereInTheHeartland
“Earned $17B or got back $17b on an $125B loan. looks like a $108B loss to me. “ Don't think that is the case. The net profit was was $17B Hate TARP or not; those are the facts.

If I'm not mistaken, the AIG bailout and Tarp are different things. AIG was a direct and accountable bailout. Tarp is a giant slush fund with loosely defined rules and accountability.

AIG can be accounted for by money in and money out.

Tarp money moves in, out, around and through. Deceptive claims of loss or gain are made on snapshots of money movement rather than beginning to end accounting.

11 posted on 08/24/2012 9:00:12 AM PDT by CMAC51
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To: CMAC51
Probably right.
I think however that it is important that people realize the companies have paid most/if all this money back and the govt made $$ off it.
13 posted on 08/24/2012 9:34:17 AM PDT by HereInTheHeartland (Encourage all of your Democrat friends to get out and vote on November 7th, the stakes are high.)
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