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The bank (as well as the GM) bailout did involve equity transfers. I believe quite a few shareholders got wiped out, and the net result was even positive for the government (barely, but still).

Also interesting: The farm subsidies over the last two years, supposed to compensate them for their business losses due to Trump’s trade war, cost a multiple of the 2008 bailout (2x or 3x IIRC). None of that will be recovered.



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