Although conservatives rabidly opposed TARP, we made money on the deal…
Federal Reserve made $14 billion on turmoil loans

The Federal Reserve has made $14 billion in profits on loans made in the last two years, The Financial Times reported on Monday, citing officials close to the matter.

The U.S. central bank also earned about $19 billion from interest and fees charged to institutions that tapped liquidity facilities during the global financial crisis, the report said.

Reflexive ODS is not a good thing.