@Anonymous wrote:
$3.5B is not a small amount and left the taxpayer with a $250M hole....
For each entity, we provide a “Net Outstanding” amount, which shows how deep taxpayers are in the hole after accounting for any revenue the government has received (usually through interest or dividends).
For a creditor that is sue happy, the taxpayers should be suing them....
I take Remedios's point, but just to correct this. Amounts still owing have a -ve sign in front of them. So on Capital One, the government made a PROFIT of $250M (which isn't huge on an outlay of $3.5B, but was only for 7 months.) And yes, 3.5B isn't small, but neither is $45B for BoA or Citigroup (or 25B for chase). Just pointing out that using this as evidence about the badness of Cap One is somewhat misplaced.
