10/17/2009 05:12 am ET Updated May 25, 2011

Matt Taibbi: Why TARP Profit Reports Are Bailout Propaganda

It was inevitable that the same people who pushed through the multi-trillion-dollar bailout of Wall Street would come out later on and tell us what a great idea theirs turned out to be, in retrospect and under the light of evidentiary examination. And we're getting that now, with a pair of reports, the above one in the New York Times and another in the Financial Times, telling us the bailout is working because the government has made some money on TARP.

Read more on True/Slant