It's a constant drone from the lefties on the board. "The big banks TOOK taxpayer money to bail them out".. Usually posted as a justification for taxing "fat-cat bankers".. The truth is more interesting. The TARP money was actually FORCED into many banks under threats that the regulators would later REQUIRE them to sign up for the deal. The government was ACTIVELY seeking an equity stake in the banks that would allow them to dictate policies on lending and executive pay.. Paulson Forced Banks To Accept US ‘Buy In’ | Sweetness & Light New details of that meeting show that Geitner et al TOLD the CEOs that the regulators would later REQUIRE them to procure TARP funds in exchange for stock anyway. And that the regulators would prefer to issue "clean bills of health" to the banks that decided to participate. Yeah -- those fat cat bankers were FRANTIC to be micromanaged by the Feds. Begged for a Bailout? --- Conclusively no... Banks forced to take bailout money they don’t want or need | Scholars and Rogues And what happened when the Banks realized how pesky this govt buyin was to operations and WANTED to pay back the investment??? Barack Obama Maintains Control Over Banks By Refusing to Accept Repayment of TARP Money - WSJ.com THe admin WANTS power and control over the banks on one hand. And also be free to villify them and make them a scapegoat on the other. Don't let this meme survive that the Banks BEGGED for a bailout or even NEEDED a bailout. And that ALL banks fell into financial disrepair because of "de-regulation". Point those lefties to the facts about the TARP money that went to banks and how their arms were twisted to take it.