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Old 12-23-2009, 01:29 PM
 
Location: Florida
62,343 posts, read 34,000,344 times
Reputation: 10345

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Wells Fargo repays $25 billion TARP bailout - U.S. business- msnbc.com

Bank paid government $1.44 billion in dividends since company took funds

NEW YORK - Wells Fargo & Co, the fourth-largest U.S. bank by assets, on Wednesday said it repaid the $25 billion government bailout it received during the financial crisis, after last week selling $12.25 billion in stock.


Also, spending and incomes rose
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Old 12-23-2009, 01:32 PM
 
9,742 posts, read 9,289,861 times
Reputation: 2049
It's a lie! A lie, I'm tellin' ya!!!!


How am I going to use the "commie Obama took over the banks" talking point now?
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Old 12-23-2009, 01:35 PM
 
Location: Florida
62,343 posts, read 34,000,344 times
Reputation: 10345
Quote:
Originally Posted by nvxplorer View Post
It's a lie! A lie, I'm tellin' ya!!!!


How am I going to use the "commie Obama took over the banks" talking point now?
You'll be surprised to see what they come up with. They are masters at twisting positive news into negative ones. You just wait.
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Old 12-23-2009, 01:43 PM
 
9,742 posts, read 9,289,861 times
Reputation: 2049
Quote:
Originally Posted by Finn_Jarber View Post
You'll be surprised to see what they come up with. They are masters at twisting positive news into negative ones. You just wait.
What's that you say? They're masters at baiting?
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Old 12-23-2009, 01:44 PM
 
5,165 posts, read 5,303,709 times
Reputation: 1067
Quote:
Originally Posted by Finn_Jarber View Post
You'll be surprised to see what they come up with. They are masters at twisting positive news into negative ones. You just wait.
Just do not whine when banks are running rampant again.
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Old 12-23-2009, 01:46 PM
 
9,742 posts, read 9,289,861 times
Reputation: 2049
Quote:
Originally Posted by cleanhouse View Post
Just do not whine when banks are running rampant again.
LMAO!

Way to go! Prove his point right off the bat.
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Old 12-23-2009, 01:46 PM
 
Location: Raleigh, NC
20,017 posts, read 15,655,845 times
Reputation: 3745
Quote:
Originally Posted by cleanhouse View Post
Just do not whine when banks are running rampant again.
Nah, that can't happen. The Democratic majority already put in tons of regulations to prevent this from happening ever again.
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Old 12-23-2009, 01:48 PM
 
Location: Florida
62,343 posts, read 34,000,344 times
Reputation: 10345
Quote:
Originally Posted by nvxplorer View Post
What's that you say? They're masters at baiting?
Master baiters, yes exactly.

I think 1.4 billion profit from this loan pays for the WH Christmas decoration, the WH dinner and fuel for Air Force-1. I have noticed that many posters are deeply concerned about those expenses.
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Old 12-23-2009, 01:48 PM
 
Location: Gulf Coast Texas
28,097 posts, read 15,249,429 times
Reputation: 11175
Just in time to pay off those year end pesky bonuses. Bank of America and Citigroup also made good on debt earlier this month. Something fishy is going on out there.
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Old 12-23-2009, 01:49 PM
 
Location: Raleigh, NC
20,017 posts, read 15,655,845 times
Reputation: 3745
Quote:
Originally Posted by Finn_Jarber View Post
Master baiters, yes exactly.

I think 1.4 billion profit from this loan pays for the WH Christmas decoration, the WH dinner and fuel for Air Force-1. I have noticed that many posters are deeply concerned about those expenses.
Will it pay back for all of the failed small banks that were crowded out by the bottomless coffers available to the government backed big boys?
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