Artificial intelligent assistant

Did US Govt profit from the 2008 financial crash bailouts? This site here says that basically, the government sold back some of the assets it bought to bail-out banks during the financial crisis of '08. I'm assuming it was basically the federal bank that financed this bail-out, which we can see essentially get filled with mortgage backed securities here. I would think that if US Gvt did indeed get money from the bail-outs, the sheet would have been reduced to less than before? Is this an artifact of inflation?

No, the U.S. taxpayers lost about half a trillion dollars on the bailout.

This 2019 Annual Review of Financial Economics paper, prepared by Prof. Deborah Lucas from MIT's Sloan School of Business, explains how the half a trillion dollars figure came about.

> Table 2 summarizes the bailout costs using my preferred metric—a fair value basis around the time of the crisis. Those estimates total about $500 billion.

An article published by MIT Sloan summarises the paper.

> ![Mock up of bill totalling 498 billion](

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