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Profits realized from bailout expenditures


SkinsNumberOne

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Does anyone really think that profits realized from the bailout will ever see their way back to paying off the government debt?

I guess the Citi/FDIC deal is the first of "profits" if the Wells estimate is to be believed over the Citi one. I think the money they appropriated and the profits are going to be at least partly abused; the appropriated money somewhat, and I have no confidence in the profits being used wisely.

Does anyone know of a specific plan on what they'll do with the supposed profits the taxpayers are going to realize in the long term on the moves the government will make?

http://news.yahoo.com/s/ap/20081005/ap_on_bi_ge/wells_fargo_wachovia

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