Investments were only bad in the short term. TARP, which purchased these assets,... | Hacker News

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		adrr on Dec 21, 2022 \| parent \| context \| favorite \| on: Binance caught commingling funds between US and in... Investments were only bad in the short term. TARP, which purchased these assets, ended up being profitable for the government.

WeylandYutani on Dec 21, 2022 [–]

Good call yeah. Dutch government managed to buy up banks for cheap and made a profit on them.

"Almost crashed" is not the same as "crashed". 2008 Was a stress test and the system survived.

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