As Biggest Banks Repay Bailout Money, the U.S. Sees a Profit - NYTimes.com

As Biggest Banks Repay Bailout Money, the U.S. Sees a Profit - NYTimes.com:

"The government has taken profits of about $1.4 billion on its investment in Goldman Sachs, $1.3 billion on Morgan Stanley and $414 million on American Express. The five other banks that repaid the government — Northern Trust, Bank of New York Mellon, State Street, U.S. Bancorp and BB&T — each brought in $100 million to $334 million in profit."

While this is good news, it should be remembered that these are the banks that can afford to buy pay off their loans. It would be expected that they are in better shape than those who have not yet paid.

But that said, this is still good news.