Of course, the government should have gotten a much better return for the risk they took, but for a program that has been reviled as $600bn giveaway, and is remembered that way, a $100bn profit is an incredible gain.
Yes, but this is an uncomfortable truth for those that want to blame banks for the 2008 collapse (especially ignoring the federal mandates that they make a lot of the loans behid the 2008 collapse).
https://projects.propublica.org/bailout/
Of course, the government should have gotten a much better return for the risk they took, but for a program that has been reviled as $600bn giveaway, and is remembered that way, a $100bn profit is an incredible gain.