Replies

To: Toddsterpatriot

My understanding is that the larger banks have taken TARP infusion funds and purchased Treasuries, don’t know anything more specific than that.

41 posted on 08/27/2010 8:39:50 PM PDT by tired1 (When the Devil eats you there's only one way out.)

To: tired1

My understanding is that the larger banks have taken TARP infusion funds and purchased Treasuries

TARP funds cost 5% for the first 3 years. Treasuries are paying much less than that.

don’t know anything more specific than that.

That's what I figured.

42 posted on 08/27/2010 8:49:20 PM PDT by Toddsterpatriot (Math is hard. Harder if you're stupid.)

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