Quote:
Originally Posted by sgtclub
Yep. Although the $50 billion price tag is limited to TARP and more specifically AIG. The price tag for all the bailouts is far higher. Fanny/Freddie alone are several hundred billion and counting.
|
Yes, Fannie and Freddie have monstrous bailout costs, but just as TARP led to paybacks, over time, a lot of that bailout money will be recouped. You can't freeze the music now and call the request for additional funding a loss any more than you could call a business asking for expansion of its credit line a loss.