Re: Not liquidity but solvency - No profit either
According to the link, they spent $615bn and have made a profit of $55bn.
Investing $615bn in index linked bonds would have returned $675bn so the reality is that they have lost $5bn in value over the intervening period.
To put it in perspective, if they had invested the $615bn in the S&P500 the value of their investment would be worth around $922bn (or nothing, theoretical performance may not match reality), effectively they have given away $300bn.
Biting the hand that feeds IT
