The government turned a profit on the financial market aspects of TARP- a profit! One of the many sad legacies about this episode is the bad name given to fiscal stimulus and TARP. You can’t even use those terms in the United States any more without thinking of a euphemism. People still think these measures cost American taxpayers a huge amount of money and did no good. The facts are exactly the reverse.
Alan S. Blinder — The government turned a profit on the financial market aspec
Economist & Former Vice Chair of Federal Reserve Board