Too bad the blindfolds didn't come off sooner (Congress, interview, activist)

[Delta Planter]

Take This TARP and Shove It (http://www.powerlineblog.com/archives/2009/03/022962.php - broken link)

Bank of America CEO Ken Lewis now says (http://finance.yahoo.com/news/Report-BofA-CEO-says-taking-apf-14515759.html;_ylt=AhhP0ofnakfGX18tQ7pPhgS7YWsA - broken link) that taking $20 billion from the federal government to support BoA's acquisition of Merrill Lynch was a "tactical mistake." Lewis says he expects BoA to repay the $45 billion it owes the government over the next two to three years.


Twin Cities-based TCF doesn't intend to wait that long. Chief executive Bill Cooper, a long-time conservative activist, has petitioned to give back the $361 million in TARP money that the bank received in November. Cooper says the feds have changed the terms of the deal:

"I don't want to be part of the new regulatory regime that's growing up around TARP," Cooper said in an interview. "Congress is now talking about putting their oar in the water on just about everything we do. That puts us at a competitive disadvantage."

Ye gads! Now they say they were "strong-armed by the present administration!" What's next, yaba-daba-do? Well, at least they did take the blinders off, albeit too late. Imbeciles. Power Line - Take This TARP and Shove It (http://www.powerlineblog.com/archives/2009/03/022962.php - broken link)

[Toyman at Jewel Lake]

I hope both statements are true and that both banks can manage to pay back TARP money.

[roysoldboy]

Wouldn't it be nice if they gave the money back and if some others could see what they have allowed themselves to be drawn into?

[TristansMommy]

Originally Posted by Delta Planter

Ye gads! Now they say they were "strong-armed by the present administration!" What's next, yaba-daba-do? Well, at least they did take the blinders off, albeit too late. Imbeciles. Power Line - Take This TARP and Shove It (http://www.powerlineblog.com/archives/2009/03/022962.php - broken link)

good..if they can so easily give it back they didn't need it in the first place.

Nothing is free..they want taxpayers money they have to answer for it among other things..

What a bunch of crybabies.. but hey.. great..the taxpayers get their money back