tag:blogger.com,1999:blog-1227919517269937208.post2632338491476766833..comments2023-09-17T08:37:58.006-06:00Comments on The Good News Economist: Taxpayers About to Benefit Handsomely from Citigroup BailoutEldon Masthttp://www.blogger.com/profile/15444008509086050220noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-1227919517269937208.post-550058556025543442010-03-30T18:11:57.956-06:002010-03-30T18:11:57.956-06:00Taxpayers' money would have been much better i...Taxpayers' money would have been much better invested in non-TARP receiving companies, at random. A simple Nasdaq index investment is up 60% over the past year. Once again, the little guy gets clobbered by the professional investor.TWnoreply@blogger.comtag:blogger.com,1999:blog-1227919517269937208.post-72830686126051119482010-03-30T16:59:43.255-06:002010-03-30T16:59:43.255-06:00Anonymous3,
Here is my answer... written just a b...Anonymous3,<br /><br />Here is my answer... written just a bit over a year ago... read the scenario and you too will see how "toxic assets" over time are an investor's (and in this case the Treasury's) best friend...<br /><br />http://mast-economy.blogspot.com/2009/03/how-toxic-assets-turn-to-gold.html<br /><br />If you need a mountain of evidence, talk to any (now seasoned) investor that snapped up devalued notes and real estate in the years just following the great depression. They are very, very content with their holdings today.<br /><br />You are right the government has taken over the banks "worst risks." And since the government has the ability to hold for an extended period, by taking on the greatest risk, the Treasury will benefit from the greatest reward.GNEhttp://goodnewseconomist.comnoreply@blogger.comtag:blogger.com,1999:blog-1227919517269937208.post-3006292834146177302010-03-30T15:24:51.158-06:002010-03-30T15:24:51.158-06:00How do you account for the fact that $2 trillion i...How do you account for the fact that $2 trillion in highly impaired mortgaged backed securities have been bought from the bailout banks by the Federal Reserve (backed by the Treasury)?<br /><br />To only look at the TARP loans is misleading, bordering on the criminal.<br /><br />The bailout banks have also been saved from ruin because the Fed has taken over their worst risks.<br /><br />Your answer?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1227919517269937208.post-3400583856901442962010-03-30T10:10:27.531-06:002010-03-30T10:10:27.531-06:00so where do I buy some stock?so where do I buy some stock?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1227919517269937208.post-858186308785274872010-03-30T07:32:13.512-06:002010-03-30T07:32:13.512-06:00good. the gov't needs the money.good. the gov't needs the money.Anonymousnoreply@blogger.com