TARP Loses 55% on Investments already!

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The government, as of market close on Friday, had lost 54.9% on its original $195.5 billion in capital investments through the Troubled Asset Relief Program.  So much for making money on these assets as some in congress pledged.  All of us taxpayers foot the bill for  Wall Street’s innovation!

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This page contains a single entry by Ralph Poole published on February 26, 2009 9:41 AM.

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