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<p>[QUOTE=&quot;GoldFinger1969, post: 3835838, member: 73489&quot;]Sorry, that information is NOT out there.&nbsp; You simply have been TOLD it is &quot;out there&quot; and relied on others to do your DD instead of doing it yourself.</p><p><br /></p><p><b><span style="color: #0000ff">The TARP program released approximately $750 BB into the system. </span></b> The vast amount was taken by large money center (&quot;Wall Street&quot;) banks, who repaid the money within 6 months to 2 years.&nbsp; The U.S. Treasury made money on these liquidity lifelines via interest and equity warrants.&nbsp; This is what a central bank -- The Fed -- is supposed to do during times of &quot;&quot;panic&quot; so we don&#039;t have panics like 1873, 1907, etc.</p><p><br /></p><p><b><span style="color: #0000ff">No banks were &quot;bailed out.&quot; </span></b> All equity holders suffered dilution, from JP Morgan Chase (&lt;5%) to Citibank (&gt;85%).&nbsp; I dare you to tell a Citibank shareholder from 2007 that they were &quot;bailed out&quot; by TARP with the stock price down over 80% from the 2007 levels because of all the dilution.</p><p><br /></p><p>Some small banks (Maxine Waters !!<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /> ) were bailed out.&nbsp; And the United Auto Workers (UAW) and AFL-CIO were bailed out because their pension and OPEB funds should have been compensated at 15-20 cents on the dollar along with other unsecured creditors but because they control large blocs of voters in Michigan and other states, they were given 80-90 cents on the dollar.&nbsp; So yes, a certain special interest was &quot;bailed out&quot;...and the political establisment and media elite approved every step of the way.<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /></p><p><br /></p><p><b><u>There was no $17 TT injected into banks.&nbsp; That&#039;s double and triple counting.&nbsp; Like me borrowing $1,000 from a bank for 1 year...paying interest daily....and then saying I borrowed $365,000.&nbsp; No, I borrowed $1,000 for 1 year not $1,000 every day for 365 days.</u></b></p><p><b><u><br /></u></b></p><p>The greatest problem we have in this country is people who do NOT do proper DD on matters of finance, economics, politics, etc....they will spend weeks researching a HDTV but make 401(k) decisions based on a 30-second news report.[/QUOTE]</p><p><br /></p>

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