Announcing the completion of its disposal of its position in the securities, which were at the center of the meltdown of the financial system, the Treasury said taxpayers received total cash of $250 billion from the portfolio — $25 billion more than the initial US investment.
“The successful sale of these securities marks another important milestone in the wind down of the government’s emergency financial crisis response efforts,” Mary Miller, the Treasury’s assistant secretary for financial markets, said in a statement.
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