WaPo's got an analysis top-down, that indicates the bailout (TARP and all) has so far earned $40B for the US government, as opposed to a net loss that was expected by many.
I think it bears repeating...the bailout did not cost US taxpayers money. The US did risk losing trillions, mind you, had things gone badly wrong. But the bailouts worked, and as a result, it is now earning a profit, and could end up earning over $100B for American taxpayers, when all is said and done.
Arguably, if the US did not step in, Americans could have lost trillions, anyway, if we had entered Depression 2.0.
Additionally, there could have been a third way: bypass private banking industry to bailout citizens directly. But that would be a complete rejection of capitalism...you know, exactly the sort of stuff main street has concurrently complained about (government intervention) and begging for (main street bailouts).
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