On Oct 7, 6:55*am, "abby" <abbybr...[at]charter.net> wrote:
- quote -

Yes, but you would have to add the value realized when the financial
instruments purchased, are sold. The "bailout" has been incorrectly
labeled as an "expenditure" when in fact it is more in the character
of an investment.

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"Gil Faver" <rowdy'sboss[at]xxyz.com> wrote in message
news:mJxFk.253729$102.19022[at]bgtnsc05-news.ops.worldnet.att.net...
- quote -

I found a useful summary here:

http://ag-marketcrisis.com/?p=553

It would appear that the net revenue will be whatever TARP spends on
these mortgages less what they collect from the mortgagees, less what
they lose reselling foreclosed properties. Is this roughly correct?

abby

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Thanks for the link.

SEC. 114. MARKET TRANSPARENCY.
(a) PRICING.—To facilitate market transparency, the Secretary shall
make available to the public, in electronic form, a description,
amounts, and pricing of assets acquired under this Act, within 2
business days of purchase, trade, or other disposition.

(The above is what I want to see - what's paid for what and to whom,
under what terms. I wish there were provisions to force all
participants, whether defunct or living, to disclose the travesty
foisted off on us in its entirety. When sound financial planning
requires citizen oversight of enforcement of government regulations
just to ensure our plans - houses, money funds, stocks, bonds, gold,
currency - are going to be worth anything at all, things have gone w-a-
y out of hand.)

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Alan over in Misc.Taxes.Moderated indicates he has posted the final version
of this bill as signed by Pres. Bush, on his website at:

http://taxtopics.net/Senate10108.pdf

Division A is the Emergency Economic Stabilization Act

Division B is the Energy Improvement & Extension Act

Division C is the Tax Extenders & Alternative Minimum Tax Relief Act

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