We Have to Rely on Jon Stewart for Real Financial Journalism?

Here he notes that the big banks made their obscene profits, which justified their obscene bonuses, made their profits by taking their TARP money by lending it back to the government.

They borrowed at an interest rate lower than that of US treasurys, and then bought treasuries, and pocketed the difference.

Why do I have to listen to a comedian to get real financial news.

I love me that Jon Stewart, particularly his comment that, "Our government is the worst loan shark in history," but I am really pissed off that he is the only one out in cable teevee land who is explaining this in the mass media.