Re: Emergency Economic Stabilization Act of 2008

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Date: Tue, 7 Oct 2008 14:45:21 -0500
From: dapperdobbs <G...@h...com>
Newsgroups: misc.invest.financial-plan
Subject: Re: Emergency Economic Stabilization Act of 2008
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On Oct 7, 6:55 am, "abby" <a...@c...net> wrote:
> It would appear that the net revenue will be whatever TARP spends on
> these mortgages less what they collect from the mortgagees, less what
> they lose reselling foreclosed properties. Is this roughly correct?
>

Yes, but you would have to add the value realized when the financial
instruments purchased, are sold. The "bailout" has been incorrectly
labeled as an "expenditure" when in fact it is more in the character
of an investment.

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