[RIJIMMY]

yup, all Bush. His watch.
I'll give O's team kudos for administering it but thats all.
Will this be big news? Everyone hates the "we bail out wall st and not main st" blah, blah, blah

I wonder when Obamas stimulus will show a profit?

It’s official: TARP has turned a profit
Washington Post / March 31, 2011



WASHINGTON — The government’s much-maligned bank bailout program, approved by Congress during the throes of the financial crisis in late 2008, officially turned a profit for taxpayers yesterday.


The Troubled Asset Relief Program, or TARP, was the government’s highest-profile attempt at stabilizing the crumbling financial system. Treasury invested $245 billion into hundreds of the nation’s banks in recent years. With a series of repayments this week, $251 billion has now been returned to government coffers, the agency said yesterday.

“While our overriding objective with TARP was to break the back of the financial crisis and save American jobs, the fact that our investment in banks has also delivered a significant profit for taxpayers is a welcome development,’’ Treasury Secretary Timothy Geithner said in a statement. “We still have more work to do repairing the damage caused by the crisis and strengthening the recovery, but today is an important milestone in our efforts to recover taxpayer dollars as we continue winding down TARP.’’