Old 02-21-2009, 06:31 PM
Senior Member
Join Date: Apr 2007
Posts: 621
Default RE: Help Me Understand This Bank Bailout Thing

Eyeball - 2/21/2009 2:06 PM
Where did that missing $10.2-billion go -- who got it?
You must have missed the other thread on bank fees on unemployment benefits.

They probably charged the feds $10.2B in fees to accept the bailout money.

PS: Your math is off. There's a lot more missing than that. You're assuming they were worth nothing when they got the $45B.

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