How One Company Made $4BILLION in Profits & is MORE IN DEBT that ever before

Peter Helps · 08-31-2009, 09:37 AM

Hey guys,

I'm not sure if you've seen this article but I thought I share it with you to see what your thoughts are on this.

Who is this company you ask? We ALL know it. I guarantee you that. They just made $4 BILLION in profits and YET they are more BROKE that ever before in the history of their existence.

These guys know how to run a business, don't they?

Report: US makes $4 billion from bailout banks - Yahoo! News

Here's my question:

All of the interest that these banks HAD to repay, I wonder who ended up paying for that? I couldn't have been the end consumer now could it? (sarcasm)

Peter

FrontLineMentor · 08-31-2009, 09:40 AM

Quote:

Originally Posted by pk80356

Hey guys,

I'm not sure if you've seen this article but I thought I share it with you to see what your thoughts are on this.

Who is this company you ask? We ALL know it. I guarantee you that. They just made $4 BILLION in profits and YET they are more BROKE that ever before in the history of their existence.

These guys know how to run a business, don't they?

Report: US makes $4 billion from bailout banks - Yahoo! News

Peter

This is a interesting news...but how can this happen?
US make $4billion from bailout banks..
any of internet marketer here make profit
like that? )

Peter Helps · 08-31-2009, 09:44 AM

Here's the best part.

On the % basis, I bet you that even I.M. don't make $4 billion in profits, most of them are wealthier than the gov.

Yet, the entire country relies on what the gov. will do to help the economy. How's the for business?

danwan · 08-31-2009, 10:10 AM

The interesting thing is... no matter how bad or good the numbers of a company are.. there are always people within the companies who make ++

Dan

Lance K · 08-31-2009, 10:36 AM

Even if you separate the national debt and just look at the bailout as an independent transaction, $4 billion profit on $700+ billion investment is not a good ROI.

Peter Helps · 08-31-2009, 10:45 AM

Good point Lance. However, I don't think they are done collecting the profits yet. We'll see what happens.

Peter

Quote:

Originally Posted by Lance K

Even if you separate the national debt and just look at the bailout as an independent transaction, $4 billion profit on $700+ billion investment is not a good ROI.

08-31-2009, 09:37 AM	#1
Peter Helps Advanced Warrior War Room Member Join Date: Jan 2008 Location: , , . Posts: 608 Thanks: 26 Thanked 15 Times in 14 Posts	How One Company Made $4BILLION in Profits & is MORE IN DEBT that ever before Hey guys, I'm not sure if you've seen this article but I thought I share it with you to see what your thoughts are on this. Who is this company you ask? We ALL know it. I guarantee you that. They just made $4 BILLION in profits and YET they are more BROKE that ever before in the history of their existence. These guys know how to run a business, don't they? Report: US makes $4 billion from bailout banks - Yahoo! News Here's my question: All of the interest that these banks HAD to repay, I wonder who ended up paying for that? I couldn't have been the end consumer now could it? (sarcasm) Peter

08-31-2009, 09:44 AM	#3
Peter Helps Advanced Warrior War Room Member Join Date: Jan 2008 Location: , , . Posts: 608 Thanks: 26 Thanked 15 Times in 14 Posts	Re: How One Company Made $4BILLION in Profits & is MORE IN DEBT that ever before Here's the best part. On the % basis, I bet you that even I.M. don't make $4 billion in profits, most of them are wealthier than the gov. Yet, the entire country relies on what the gov. will do to help the economy. How's the for business?

08-31-2009, 10:10 AM	#4
danwan Active Warrior Join Date: Feb 2009 Posts: 32 Thanks: 0 Thanked 3 Times in 3 Posts	Re: How One Company Made $4BILLION in Profits & is MORE IN DEBT that ever before The interesting thing is... no matter how bad or good the numbers of a company are.. there are always people within the companies who make ++ Dan
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08-31-2009, 10:36 AM	#5
Lance K Senior Warrior Member War Room Member Join Date: Jun 2006 Location: Iowa, USA Posts: 3,054 Blog Entries: 1 Thanks: 627 Thanked 268 Times in 193 Posts Contact Info	Re: How One Company Made $4BILLION in Profits & is MORE IN DEBT that ever before Even if you separate the national debt and just look at the bailout as an independent transaction, $4 billion profit on $700+ billion investment is not a good ROI.
	Lance