When we did the analysis of the value of what the American taxpayer got back in return for the money that it had invested into the banks, we deliberately did not count the guarantees, which means that our $78 billion is small relative to potential exposure.
Elizabeth Warren: “When we did the analysis of the value of what the American taxpayer got back in return for the money that it had…”
On the recordFebruary 23, 2009
Source
congress.govEditor's note · Context
Warren discusses the limited return on taxpayer investment in banks without counting guarantees.
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