Repeat After Me: “Not A Bailout… Not A Bailout… Not A Bailout”

Posted: November 12, 2010 in Technology and Business
Bailouts are not investments… meaning, you never see your money again in a bailout… but you potentially do in an investment.

     The Troubled Asset Relief Program [TARP] wasn’t really a bank bailout after all, but instead was the “most successful government financial program ever,” banking analyst Dick Bove said.

It’s terrible to be in a position to have to be the "investor of last resort"… but, as stated before, that’s a money making role to play.  Thinking about TARP as a bailout is just plain wrong.
P.S.  Now, using investment to pay ridiculous bonuses to people that nearly bankrupt a company… now that, on the other hand, is something to take offense with!

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