>>>WSJ is reporting $30 billion alltogether
>>>
>>>That's *profit* over and above the returned capital and unrealized gains in shares.
>>>
>>>Quoting from that WSJ article:
>>>
>>>Still, profits earned in recent months on the government's intervention in the financial system suggest that the worst fears of massive losses from the rescues might not materialize.
>>>
>>>"It is not a bad return for all of the extra added benefits [of stabilizing the financial system]," said John-Patrick O'Sullivan, a senior banking analyst at SNL Financial, a research firm specializing in banks.
>>
>>Some of the biggest bailout recipients have not paid their loans back yet and might still go under. I am not playing the role of Chicken Little, but we don't know yet whether TARP will show a profit when all is said and done.
>>
>>Still, this may correct the misimpression of some that the bailout money was dropped in the middle of the ocean somewhere. It wasn't just a giveaway with nothing coming back.
>
>If you print couple trillions and then earn couple billions on it, is it a profit or a loss? Think a bit before answering.
That's a good point. I don't know how much of the bailout money was newly printed and how much was out of existing government funds.
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