[MamaTexan]

Not that math is my strong suit, but isn't 75 BILLION divided by 9 MILLION over 8 MILLION dollars apiece?

Who the heck had that kind of payment?

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Oh, yeah, I forgot.

The rest goes to all the bureaucrats and their buddies.

[An.American.Expatriate]

Not that math is my strong suit

It really isn't!

75 B / 9 M = 8333.33

[An.American.Expatriate]

But then again, that’s not really the point.

Since the Government can now, by judicial fiat, declare that the original principal of xxx dollars is now a principal of yyy dollars - no actual money is being spent be the government! The Lender just lost out (big) - but since they are likely a dirty evil rich person - the deserve it.

Then, once the dirty evil greedy lenders have lost enough, “Aitch” can introduced TARP MCMXXII to bail them out!