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Old 04-10-2009, 12:44 PM   #122
sugarpop
Professor
 
Join Date: Nov 2008
Location: the edge of the abyss
Posts: 1,947
Quote:
Originally Posted by classicman View Post
Obama Wants to Control the Banks
There's a reason he refuses to accept repayment of TARP money.



Just an opinion piece, but an interesting one.
The government had said over and over that they will take the money back, IF the banks are solvent and there is no danger of a future catastrophe. that makes sense to me. They are in the process of doing "stress tests" on the banks. After those are over, I imagine they will be taking some money back.

I was on the phone with BoA the other day and the girl I was speaking with said they have started repaying the money. I wonder if that was true.
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