One of the best things they did. Helped ease the panic.
these guarantees could have potentially cost the federal government more than $3 trillion [PDF].
Yes. How much did they actually cost?
SOURCE http://motherjones.com/politics/2009/12
December 2009? You have anything a little fresher?
Of course the updated stuff, the stuff that shows the actual costs, and profits, isn't as frightening.
There’s nothing to update.
The M/J Dec 2009 article exposes the govt lies——written at the time Obama was telling us “it’s only 700 million dollars.”
So much of the bailout is “missing.”
Obama sent 18 billion to NJ as Dem gov Corzine sought reelection.
But nobody knows where that money went.