Who Loses Most in the TARP Bailout? Taxpayers

Glad to see that the government feels fine turning a 1.2 trillion! bailout into a huge and growing loss for taxpayers while banks and private investors make boatloads of money.

What cannot be disputed, however, is the financial bailout's biggest loser: the American taxpayer. The US government, led by the Treasury Department, has done little, if anything, to maximize returns on its trillion-dollar, taxpayer-funded investment. So far, the bailout has favored rescued financial institutions by subsidizing their losses to the tune of $356 billion.

Gaming the Government Bailout

This is a fascinating, must read article. Do you think the banks are going to do what is best for the country or what is best for themselves? Yeah, me too. This article discusses how they can do so.