Hedge Funds: The Ultimate Absentee Landlords

[Jomama]

We could have saved the financial sector and still held the banks accountable. Buffet lent Goldman $5B during the meltdown and subsequently got $7B back. The US could have struck similar deals (and I would have) but we elect weenies like Ed who don't know shit about business.

 

[EdwardBaiamonte]

We could have saved the financial sector and still held the banks accountable. Buffet lent Goldman $5B during the meltdown and subsequently got $7B back. The US could have struck similar deals (and I would have) but we elect weenies like Ed who don't know shit about business.

how stupid are you????
U.S. ends TARP with $15.3 billion profit - Dec. 19, 2014 - CNN Money
money.cnn.com/2014/12/19/news/.../government-bailouts-end/
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Dec 19, 2014 ... Treasury gets $1.3 billion from sale of final stake in Ally, leaving taxpayers $9billion in hole on auto bailouts but with $15 billion profit on all of ...