EASY MONEY:

Bank bailout turns a profit (Charles Riley, March 30, 2011, CNNMoney)

Don't look now, but the bank bailout is starting to turn a profit.

The Treasury Department will announce Wednesday that the money it gave to banks during the financial crisis has been paid back, and then some.

The bank bailout -- part of the Troubled Asset Relief Program -- is now $6 billion in the black, according to a Treasury Department official, who said the ultimate profit might rise to $20 billion.

Some folks on the Right owe W an apology....

Posted by oj at March 30, 2011 2:47 PM
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