
While TARP was controversial and some folks still claim it was a massive failure, the government recently sold off its AIG stock at a nice profit. At this point, the state has gotten back $380 billion of the $418 billion that was distributed through TARP. This is about 90%.
As might be imagined, some people will still be concerned that the government is still about 10% shy of breaking even on TARP. Naturally, it is also worth considering the possible benefits of TARP. After all, if it helped prevent a total meltdown and the state has gotten about 90% of its expenditures back, then it seems like it was a pretty good deal.
Naturally, I expect people to give reasons why TARP was horrible.