Federal Reserve made 10% profit in AIG after warrant
Federal Reserve bailouted AIG for total of $182B and got 79.9% warrant. Total profit for Federal Reserve was $96.6B after 5 years. That means ($96.6B/$182B)/6yrs = 10% return. Federal Researve has to excercise warrant to get 10% return.
Paulson parameter Interest rate for companies who returned before 5 years = 5% Interest rate for companies who returned after 5 years = 10%
In case of GSEs, USG bailed out GSEs and has made 10% + $30B.