Monday, December 07, 2009

At Least We Covered The Bonuses

I find it weird that some see these losses as somehow "small."

WASHINGTON — The Treasury Department expects to recover all but $42 billion of the $370 billion it has lent to ailing companies since the financial crisis began last year, with the portion lent to banks actually showing a slight profit, according to a new Treasury report.

That's about what the annual federal food stamp program costs, though expenditure per food stamp recipient is a bit less than it is for the banksters.