The banks have paid back all that money and the US treasury made a profit. The auto industry has also paid back their portion, but the government still holds some stock in the companies, so people can debate whether that portion of it is really "paid back".
The banks have paid back all that money and the US treasury made a profit. The auto industry has also paid back their portion, but the government still holds some stock in the companies, so people can debate whether that portion of it is really "paid back".
http://en.wikipedia.org/wiki/Troubled_Asset_Relief_Program
and http://www.financialstability.gov/latest/tg_10082010.html