charlotteobserver.com - 3/26/2009
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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 ...
washingtonexaminer.com - 3/31/2009
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washingtonexaminer.com —
Beyond AIG: A Bill to let Big Government
Set Your Salary By Byron York Chief Political Correspondent
3/31/09 It was nearly two weeks ago that the House of Representatives, acting in a near-frenzy after the disclosure of bonuses paid to executives of ...
(more)
www.washingtonexaminer.com >> Politics
keithhennessey.com - 3/31/2009
nytimes.com - 3/27/2009
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nytimes.com —
Members of Congress and the New York State
attorney general demanded detailed information Thursday on how tens
of billions of taxpayer dollars flowed through the American International Group during its crisis last fall and ended up in the coffers of ...
(more)
Lawmakers Ask Why A.I.G. Paid Counterparties
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Suddenly, TARP money looks … bad
Hot Air » Top Picks —
... Banks that accepted for taxpayer money to weather the financial crisis now have begun to rethink their position . After watching Congress break out pitchforks and torches over retention bonuses at AIG, suddenly government involvement in their business looks less than welcome, especially mindless fanning of populist rage over what is considered fairly normal compensation options. Banks that can afford to bail out of the bailout are looking for the exit: For relatively strong banks, doing business with the government may be more trouble than it’s worth. Banks are publicly ...
Viking Pundit —
Friday, March 27, 2009 Changing the rules in the middle of the game - Charlotte Observer: " Banks are now eager to repay TARP - Many that have taken government money are dismayed by changing rules and public outrage ." posted by Eric at ...
Related Content
There’s no way out of TARP
sistertoldjah.com 4/6/2009 — (H/T - Lawhawk )
Back at my regular home, both my co-blogger Shoebox and I have been monitoring attempts, some successful, others not, by banks to get out from under the Troubled Assets Relief Program. In today’s Wall Street Journal , Stuart ...
TARP: The Looming Debacle
powerlineblog.com 4/28/2009 — On April 21, the Special Inspector General for the Troubled Asset Relief Program Act of 2009--"SIGTARP"--submitted his quarterly report to Congress on his office's activities in relation to the TARP program. The report is a disquieting document that ...
Kudlow on TARP
wizbangblog.com 4/23/2009 — Larry Kudlow's new piece at NRO, a reaction to the TARP Inspector General's report, is a must-read: The IG's report also notes that what started last October as a single-purpose...
Bankers: Take your TARP money back - Mar. 27, 2009
money.cnn.com 3/30/2009 — NEW YORK (CNN) -- There's a growing sense among some bankers that Troubled Asset Relief Program known as "TARP" has become toxic. As a result, they want to bail out of the bank bailout program."It should be called 'TRAP,' not TARP," said Brian ...
TARP
balloon-juice.com 2/15/2009 — Surprise good news in the TARP bill that President Obama just signed. I could get used to this.
A provision buried deep inside the $787 billion economic stimulus bill would impose restrictions on executive bonuses at financial institutions that ...
Can Geithner stop banks withdrawing from TARP?
blogs.reuters.com 4/21/2009 — What's more, banks like Goldman and JP Morgan seem to think that repaying TARP funds will give them an artificial advantage over the rest of the big players, especially when it comes to things like executive compensation. ... 7001, SEC 111(g) of the ...
Editors: The TARP Trap
article.nationalreview.com 4/23/2009 — If some banks want to pay back their TARP money, we should let them.
Obama Administration Refuses Bank TARP Repayments
lawhawk.blogspot.com 4/6/2009 — Isn't this how the TARP system was supposed to work? We were told that as banks become more capable of lending on their own, the banks could repay TARP and end their involvement in the program.However, the Administration is proving itself more adept ...
TARP, the Criminal Enterprise?
corner.nationalreview.com 4/22/2009 — Is the whole TARP plan a criminal enterprise? Sounds farfetched, I suppose. But after reading about Special Inspector General Neil Barofsky's report, it may well be that TARP is just one big criminal problem.
Listen to this: Barofsky's investigators ...
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