Thursday, April 02, 2009

Just curious

A legit set of queries for those smarter than we. As financial institutions (and non) in the US begin to pay their TARP funds back, where will those funds go? These funds were conjured last year and injected into these firms, to be paid back with interest. Will the repaid funds merely zero out the conjured funds leaving only the interest bit to go into the general funding of the US government?

Or, will these repaid funds (in toto, principal and interest) become "real" and permanent funds going into the general funding of the US government and doled out forever?

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