Treasury earns 4% a year on TARP investments; I am unimpressed
October 20, 2010
I read in the news today that on the second anniversary of TARP, the government has earned 8.2% on its investments in banks and insurance companies, which comes to about 4% a year. The article claims that many investors expected the deal to have losses running into the billions, which I suppose is true, but […]
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