Will the taxpayer make any money from the bailouts?Submitted by northstar on Fri, 09/11/2009 - 12:56
I know this sounds like a really dumb question and I feel like we probably won't.
I was wondering today about it because some institutions have paid back their portion of the bailout including interest. Shouldn't the interest be seperated and put into escrow or something, so the taxpayer gets something back even if we don't recoop all the rest of the money we taxpayers were forced to give to the bailout?
Or, are they just going to take the interest and roll it forward to pay down the bailout? I doubt that'll happen, it'll probaly end up in some fatcats pocket.
Who gets the interest?