2 thoughts on “Bailout Scorecard

  1. To be fair, a lot of this is loan guarantees that should hopefully never be required. (I know, polyannaism.) Of course, a bunch of this is also money that’s going to flow directly through CDS payouts into GS and various hedge funds.

  2. Yes the flow through to other entities bugs me. I am a fan of bankruptcies so that all claimants can share in the failure of the business, rather than some getting full payments at the expense of taxpayers.

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