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Old 06-09-2009, 07:45 AM   #1
Nontypical Buck
 
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Default Ten banks allowed to pay back TARP

NEW YORK (CNNMoney.com) -- Ten leading banks won approval to repay money from the government's controversial TARP program, regulators said Tuesday, which could represent approximately $68 billion in bailout funds returned to taxpayers

http://money.cnn.com/2009/06/09/news...ion=2009060910

The Treasury Department, which has overseen the $700 billion Troubled Asset Relief Program, did not indicate which banks were included in that group, although most lenders confirmed the news separately.

.....I wonder what the interest rate will be on those loans?[8D]



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Old 06-09-2009, 04:35 PM   #2
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Default RE: Ten banks allowed to pay back TARP

Guess what though, the money won't go back to the tax payer, tiny tim says they will keep it for future bail outs, a slush fund. Surprised? we shouldn't be, the snakes have only kept their bad promises.[:@]
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Old 06-10-2009, 02:55 AM   #3
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Default RE: Ten banks allowed to pay back TARP

The sick part is, these banks never wanted the money (or the gov't interference that went with it) in the first place! None of them want the gov't controlling their executivepay or bonus programs, etc...
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