U.S. government making a healthy profit from TARP related investments

[jeffrey]

THERE is still plenty of time for America's banking strategy to fail miserably—a new round of economic contraction could lead to new troubles for large banks, or inadequate regulatory reform may allow moral hazard plays to sow the seeds of a future crisis—but for now it looks pretty remarkably good. On top of the return to near normalcy in credit markets, we have the fact that the American government is earning some nice returns on its investments...

America, savvy investor | Free exchange | Economist.com