Nope.
"After the original $700 billion bailout, the ongoing bailout was kept very secret because Chairman Ben Bernanke, argued that revealing borrower details would create a stigma — investors and counterparties would shun firms that used the central bank as lender of last resort. In fact, $7.7 trillion of the secret emergency lending was only disclosed to the public after Congress forced a one-time audit of the Federal Reserve in November of 2011. After the audit the public found out the bailout was in trillions not billions; and that there were no requirements attached to the bailout money - the banks could use it for any purpose."
The Big Bank Bailout
The big got even bigger
"Banks Repaid Fed Bailout With Other Fed Money: Government Report"
But 48 percent of the banks that have repaid the CPP used money they’d gotten from other federal programs, according to the GAO report. Those programs include the Community Development Capital Initiative — another TARP program — and the Small Business Lending Fund, a program designed to encourage lending to small businesses. Both of those programs have more favorable borrowing terms for the banks than the original CPP.
Banks Repaid Fed Bailout With Other Fed Money: Government Report | HuffPost
This isn’t a new issue — The Wall Street Journal reported last October that banks were repaying TARP funds with cash earmarked for small-business loans, after the Independent Community Bankers of America lobbied for the ability to switch money “from one Treasury program to the other.”
"After the original $700 billion bailout, the ongoing bailout was kept very secret
All those short-term loans were repaid. Years and years ago.
After the audit the public found out the bailout was in trillions not billions;
Only if you feel $100 billion in loans rolled over ten times is the same as lending $1 trillion.
and that there were no requirements attached to the bailout money - the banks could use it for any purpose."
What kind of requirements should have been placed on short term, fully collateralized loans?
Why do you guys keep saying all of the loans were repaid??
I have spelled this out to folks like you 1000 times.
If you borrow $1000 from the bank that has a one time balloon payment in a year, and at the end of the year the bank says "hey wait...we will give you a loan for $1500 at NO interest and you can pay back your loan with it!!"
Guess what>>> YOU DIDN'T PAY THE LOAN OFF.
Why do you guys keep saying all of the loans were repaid??
Only because they were. Years and years ago. At a big profit to the Treasury.
If you borrow $1000 from the bank that has a one time balloon payment in a year, and at the end of the year the bank says "hey wait...we will give you a loan for $1500 at NO interest....
Cool story, bro. But all the loans were short term. None were at NO interest.
I post proof and you respond with "nuh-uh".
Bank TARP was over $400 billion.
Did you post proof that banks borrowed $400 billion somewhere else and haven't repaid it?