poindexter said:http://www.ritholtz.com/blog/2011/01/bofa-putbacks-freddie-mac/
B of A just settled to pay one cent on the dollar to have Freddie Mac take over all their (shirt) loans....
Love how people will look only at TARP and say, "See?? The bailout worked!"
Rubes have no idea that the TARP was only a slice of the bailouts that have continued and continued.
TARP was one of the greatest fiscal programs this country has ever undertaken.
Saved the financial system, cost pennies.