More good news Wells Fargo pays it's $25 Billion back!

top gun

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Well the good economics news just keeps pouring in almost daily.

Today it's the news that Wells Fargo Bank is set to pay back ALL of it's $25 Billion ($25,000,000,000) back. The report said with a healthy government profit on this loan!

The second this is done 75% of all bank bailout money will have already been repaid.

It's great to see these huge amounts of taxpayer bailout money return with a government profit so quickly.


 
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Well the good economics news just keeps pouring in almost daily.

Today it's the news that Wells Fargo Bank is set to pay back ALL of it's $25 Billion ($25,000,000,000) back. The report said with a healthy government profit on this loan!

The second this is done 75% of all bank bailout money will have already been repaid.

It's great to see these huge amounts of taxpayer bailout money return with a government profit so quickly.


I was very pleased about these events...but I would have enjoyed seeing more of the Small Business Administration getting more of the money that had been promised in all of that paper shuffle...where are the figures and percentages for what those 'FAT CAT' banks did:confused:
 
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