The $700 billion bailout program might actually break even.

[mattbell]

I remember not being pleased with the massive bailout when it was announced, and I don't believe that the recently passed legislation will prevent future bailouts, but it was a pleasant surprise to read that the largest chunk of the bailout might actually break even and end up not costing taxpayers anything.

www.nytimes.com/2010/10/01/business/01tarp.html

Comments

[martak.livejournal.com]

Nobody considers the damage that would have happened if nothing had been done at all.