Food stamps

The Treasury Department's latest report on TARP recipients:

http://www.treasury....rt_02-10-09.pdf

It's a pdf file.

$400,000,000 for the Bank of Beverly Hills.

Jed Clampet must have moved his money to Madeoff's firm.
[img]http://tbn1.google.com/images?q=tbn:IlIJJfupZ5y2QM:http://wuzzadem.typepad.com/photos/uncategorized/hardball_1.jpg[/img]

But that is small change compared to the $25,000,000,000 "loaned" each to Citigroup, J.P. Morgan Chase and Wells Fargo.

Now if the FED has loaned that much, and then they "monetize" the debt thru inflation, are they not still losing even IF they are paid back as "Preferred Stock Warrant Holders"?

Edited by Rogerdodger, 15 February 2009 - 11:32 AM.