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SUBJECT:
Shouldn't someone do a positive ad on this.....
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FROM:
E
eschwerin@rosemontseneca.com
DATE:
2010-10-20 13:24:48
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<AANLkTi=CBRov0BZvdSw-rshQOcS18J5fWQEsYkbUUXiK@mail.gmail.com>
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Hunter Biden
<hbiden@rosemontseneca.com>
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Bank Bailout Earned 8.2% Profit<http://politicalwire.com/archives/2010/10/20/bank_bailout_earned_82_profit.html>The federal government's bailout of financial firms "provided taxpayers with higher returns than they could have made buying 30-year Treasury bonds -- enough money to fund the Securities and Exchange Commission for the next two decades,"Bloomberg<http://www.bloomberg.com/news/2010-10-20/bailout-of-wall-street-returns-8-2-profit-to-taxpayers-beating-treasuries.html> reports. "The government has earned $25.2 billion on its investment of $309 billion in banks and insurance companies, an 8.2 percent return over two years, according to data compiled by Bloomberg. That beat U.S. Treasuries, high-yield savings accounts, money-market funds and certificates of deposit. Investing in the stock market or gold would have paid off better." -- Eric D. Schwerin Rosemont Seneca Partners (202) 333-1880 eschwerin@rosemontseneca.co
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