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(Image from article: "Senate panel approves Wall Street reform bill")

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It was a low-down, no-good godawful bailout. But it paid.

It was a low-down, no-good godawful bailout. But it paid.

But you know what? The bailout, by the numbers, clearly did work. Not only did it forestall a worldwide financial meltdown, but a Fortune analysis shows that U.S. taxpayers are also coming out ahead on it — by at least $40 billion, and possibly by as much as $100 billion eventually. This is our count for the entire bailout, not just the 3 percent represented by the massively unpopular Troubled Assets Relief Program. Yes, that’s right — TARP is only 3 percent of the bailout, even though it gets 97 percent of the attention.

 

Senate panel approves Wall Street reform bill

Senate panel approves Wall Street reform bill

A Senate committee on Wednesday passed a proposal aimed at helping protect the economy from future meltdowns and taxpayers from more Wall Street bailouts.

 

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