Fpr DUmmies With NO Memory Cells

Discussion in 'Current Events' started by WillowTree, Oct 22, 2009.

  1. WillowTree
    Offline

    WillowTree Diamond Member

    Joined:
    Sep 15, 2008
    Messages:
    68,136
    Thanks Received:
    10,163
    Trophy Points:
    2,030
    Ratings:
    +14,684
    March 26 2009
    Suddenly, TARP money looks … bad; Update: Congress gets a clue








    For relatively strong banks, doing business with the government may be more trouble than it’s worth.

    Banks are publicly declaring their intent to pay back loans from the Troubled Asset Relief Program, or TARP, as quickly as they can. They range from Charlotte-based Bank of America Corp., which is the country’s biggest bank, to tiny Iberiabank Corp. in Lafayette, La.

    The banks complain about the rules that the U.S. Treasury keeps imposing on them retroactively, sometimes in ways that seem arbitrary or driven by constituents’ anger.

    Some say they never needed the money but were cajoled into taking it by the Treasury, which wanted a show of industry support for its program.









    Hot Air » Blog Archive » Suddenly, TARP money looks … bad; Update: Congress gets a clue
     
  2. jillian
    Offline

    jillian Princess Supporting Member

    Joined:
    Apr 4, 2006
    Messages:
    69,552
    Thanks Received:
    13,012
    Trophy Points:
    2,220
    Location:
    The Other Side of Paradise
    Ratings:
    +22,427
    a braindead twit who calls others dummies should probably learn to spell the word "for"...

    and we care what Ed Morrisey's opinion is: why?
     
    • Thank You! Thank You! x 1
  3. Oddball
    Offline

    Oddball BANNED Supporting Member

    Joined:
    Jan 3, 2009
    Messages:
    41,428
    Thanks Received:
    8,397
    Trophy Points:
    0
    Location:
    Drinking wine, eating cheese, catching rays
    Ratings:
    +8,409
    Why did I just know that little Barry and his Bolshevikettes weren't going to stop at merely limiting the pay of the companies that accepted bailouts?

    BTW...Who's bitching about the jillion dollar bonuses handed out to Goldman Sachs execs?
     
    • Thank You! Thank You! x 1
  4. WillowTree
    Offline

    WillowTree Diamond Member

    Joined:
    Sep 15, 2008
    Messages:
    68,136
    Thanks Received:
    10,163
    Trophy Points:
    2,030
    Ratings:
    +14,684
    :lol:
     

Share This Page