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2014-12-19 — michiganradio.org
``In 2008, The U.S. Treasury invested $17.2 billion in Ally, converting much of the money to stock. From Ally's loan repayments plus stock sales, Treasury garnered $19.6 billion including interest from its Ally bailout. That makes Ally one of the TARP program's many success stories.'' -- Right... a total success, if you ignore the Fed's toxic $3 trillion balance sheet. Wonder how much Ally shares and debt would be worth if the Fed had actually exited soon after 2010 as Bernanke alluded...
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