Did The TARP Money Affect the Recipient's Balance Sheet, Income Statement, or Both?

[PBS Poll-435]

Poll question: Did The TARP Money Affect the Recipient's Balance Sheet, Income Statement, or Both?

[PBS Poll-435]

1. Edited

To correct the response fields.

:dunce:

[readmoreoften]

2. It'll just go to hookers, cigars, and booze. The rest they stuff into pillowcases.

[PBS Poll-435]

3. I added a poll response just for you.

:-)

[PBS Poll-435]

4. Kick

Come on DU Financial Wizards!

[leftstreet]

5. I went with 'who the fuck knows'

[notesdev]

6. No way to know

The Fed and Treasury refused to comply with FOIA requests on the distribution/disposition of the money handed out.

There's not a single publicly traded US company whose balance sheet can be believed in the first place, thanks to 'off-balance-sheet' tricks, which I will call by their true name - fraud.

We don't know, and can't know, since the people who spent our money don't think we're good enough to hear the answer.

Therefore, the only sensible assumption is to assume the worst. All the money went directly to graft, stolen outright. Until we know the truth for certain, this is the only sane interpretation of the facts.