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0 At No Point Was There A Risk To The TaxPayer

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From this article about the Fed’s loan programs of 2008:

“At no point was there a material risk to the Fed or the taxpayer, as the loan required collateralization,” said Reshma Fernandes, a spokeswoman for EverBank, which borrowed as much as $250 million.

Really? The fed loaning money to the banks in MASSIVE volumes wasn’t a risk to the Fed or the Taxpayer?

The US Dollar has lost significant value in the last 2 years.

This looks like risk to me.

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