Elizabeth Warren, Chairwoman of the CONgressional Oversight Panel, reports to the senate banking committee, that under the Troubled (worth less) Asset Relief Program, the department of the treasury paid 254,000,000,000 “dollars” for “toxic (worth less) assets” with a market value that had fallen to only 176,000,000,000 “dollars”
[added 9/28/2021]
Subsequent Events:
References:
Troubled Asset Relief Program – Wikipedia, the free encyclopedia
en.wikipedia.org/wiki/Troubled-Asset-Relief-Program
Current U.s. National Debt:
