600 billion comin down the pipe,hang onto your hats.
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portfolio was at 214% ytd last night,and cant even
calculate now even before the opening-thankyou
bernake.
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Treasury payouts for insurance such as AIG will end with a small loss on investment, as will the bailout for automakers. Only the assistance to mortgage lenders, projected to reach about $45 billion will never be repaid, Treasury says.
The Treasury said in an October report to Congress that it had recovered most of the $245 billion spent on the Wall Street bank part of the rescue, and expects to turn a $16 billion profit.
Replace, recycle, reuse. It sounds like a plan for the money.
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I think I got it picture, For example, Visa via MasterCard. Both has debt and Visa payment to MasterCard by advance cash. Not sure if right.
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