Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

Skip to comments.

SCREW THE TARP ACCEPTING BANKS
The Burning Platform ^ | 3-25-09 | Jim Quinn

Posted on 03/25/2009 2:00:07 PM PDT by iThinkBig

This is the list of every bank that has taken $100 million or more TARP funds. There are 8,000 banks that have not taken TARP funds. Let's reward these banks with our deposits. They did not make systematic risk bets. They were prudent in their lending. They should be rewarded for these actions. The list of banks below should be punished for their actions.

If you have money in one of these banks, consider a withdrawal to put in a non-TARP bank.

(Excerpt) Read more at theburningplatform.com ...


TOPICS:
KEYWORDS: deficit; depression; econonmy; printing
Navigation: use the links below to view more comments.
first 1-2021-4041-53 next last
This is a great start. Nice job Jim Quinn. See the full list in the graph and send to friends. We should also call the first few of the biggest banks and tell them they should be ashamed of themselves for being crooks durng a depression. Understand, it is not Congress running our economic system, it is these several banks. These are the majority of the culprits that ran a shadow banking system, has used and is preparing to use hundreds of billions of tax dollars for more speculation at the global casino.
1 posted on 03/25/2009 2:00:09 PM PDT by iThinkBig
[ Post Reply | Private Reply | View Replies]

To: iThinkBig
nderstand, it is not Congress running our economic system, it is these several banks.

Not congress? Ha ha ha ha ha.. now that is funny...

2 posted on 03/25/2009 2:03:42 PM PDT by mnehring
[ Post Reply | Private Reply | To 1 | View Replies]

To: iThinkBig

Won’t matter once Lord Zero decides those banks not accepting money are a threat and seizes them.


3 posted on 03/25/2009 2:04:18 PM PDT by cripplecreek (The poor bastards have us surrounded.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: iThinkBig

Stop using credit cards from these banks too, even if you pay it off each month. They still get the transaction fees. Screw ‘em.


4 posted on 03/25/2009 2:05:52 PM PDT by JTHomes
[ Post Reply | Private Reply | To 1 | View Replies]

To: iThinkBig

Credit unions are fine, no trouble at all. They didn’t and don’t do crap loans.


5 posted on 03/25/2009 2:06:28 PM PDT by libbylu (Sarah - the light of the midnight sun)
[ Post Reply | Private Reply | To 1 | View Replies]

To: iThinkBig

Capital One is in the list. They blew all their money on those stupid commercials.


6 posted on 03/25/2009 2:06:50 PM PDT by Rennes Templar
[ Post Reply | Private Reply | To 1 | View Replies]

To: libbylu

Not all banks wanted TARP funds. In several instances, the government forced the banks to accept TARP funds. So I’d be careful in refusing to use certain banks. Then again, that is your right.


7 posted on 03/25/2009 2:09:05 PM PDT by VA_Gentleman (Witty tagline omitted.)
[ Post Reply | Private Reply | To 5 | View Replies]

To: iThinkBig

Some banks such as PNC were arm-twisted by the feds into taking TARP funds and buying problem banks to bail them out. So you have use a rifle here, not a shotgun.


8 posted on 03/25/2009 2:09:43 PM PDT by dirtboy
[ Post Reply | Private Reply | To 1 | View Replies]

To: All
ACKBAR KNOWS!!!


9 posted on 03/25/2009 2:09:47 PM PDT by LegendHasIt
[ Post Reply | Private Reply | To 1 | View Replies]

To: iThinkBig
I used to bank at a nice relatively small local bank. They were great in every way as far as I was concerned.

Sovereign moved in, took over, and completely disrupted my accounts with their clumsy on line banking and monolithic Byzantine policies. They were horrible to deal with in many ways.

I went to a credit union that I had been using for a number of years for a small savings account. Great move on my part.

The big banks deserve what they get at the end of this mess. I assume that it will not be pretty for them.

10 posted on 03/25/2009 2:09:54 PM PDT by Radix (Two down, 46 to go.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: libbylu

Credit unions aren’t as fine as they like people to believe.

http://www.kansascity.com/business/story/1102629.html
http://www.washingtonpost.com/wp-dyn/content/article/2009/03/20/AR2009032003558.html
http://www.bizjournals.com/kansascity/stories/2009/03/16/daily52.html


11 posted on 03/25/2009 2:10:15 PM PDT by mnehring
[ Post Reply | Private Reply | To 5 | View Replies]

To: VA_Gentleman

Yeah they sent in Ninjas and “forced” them to take the money.


12 posted on 03/25/2009 2:10:46 PM PDT by rednesss (fascism is the union,marriage,merger or fusion of corporate economic power with governmental power)
[ Post Reply | Private Reply | To 7 | View Replies]

To: LegendHasIt

NICE Image


13 posted on 03/25/2009 2:11:21 PM PDT by iThinkBig
[ Post Reply | Private Reply | To 9 | View Replies]

To: iThinkBig

JP Morgan was arm-twisted into taking the TARP money and they are going through the application process for repaying it... yes... you have to APPLY to repay.


14 posted on 03/25/2009 2:11:45 PM PDT by r-q-tek86 (The U.S. Constitution may be flawed, but it's a whole lot better than what we have now)
[ Post Reply | Private Reply | To 1 | View Replies]

To: iThinkBig

When we moved to Vermont, I put my money in a local bank.

My chief reason was that I had been stung twice earlier, by having accounts in banks that were taken over by large conglomerate banks. The personnel changed, service deteriorated, and they started getting mean about things like our kids’ small savings accounts.

So, I chose a bank that has several branches around this area, but is local. And so far I have been very happy with it.

A lot of the trouble was caused when all the limits were removed and banks started gobbling each other up and growing like giant funguses.


15 posted on 03/25/2009 2:11:51 PM PDT by Cicero (Marcus Tullius)
[ Post Reply | Private Reply | To 1 | View Replies]

To: VA_Gentleman

Exactly, some where forced to so people didn’t perceive the ones that took the TARP funds as being in unusually bad trouble, thus investors would bail on those for the ones that didn’t take funds...

IE, not only did the Fed interfere with the market, they did everything in their power to stop the market from working the way it should.


16 posted on 03/25/2009 2:12:03 PM PDT by mnehring
[ Post Reply | Private Reply | To 7 | View Replies]

To: rednesss
Yeah they sent in Ninjas and “forced” them to take the money.

Sorry honey, I was forced to have sex with that stripper!

17 posted on 03/25/2009 2:12:39 PM PDT by pnh102 (Save America - Ban Ethanol Now!)
[ Post Reply | Private Reply | To 12 | View Replies]

To: r-q-tek86

That’s what I’ve heard.. JPMChase wants to get out of that Devil’s deal as fast as they can.


18 posted on 03/25/2009 2:12:52 PM PDT by mnehring
[ Post Reply | Private Reply | To 14 | View Replies]

To: iThinkBig

The SCARLET “T”


19 posted on 03/25/2009 2:13:43 PM PDT by longtermmemmory (VOTE! http://www.senate.gov and http://www.house.gov)
[ Post Reply | Private Reply | To 1 | View Replies]

To: rednesss

From what I’ve heard, the big banks were “encouraged” to take the TARP so that there wouldn’t be a bad perception for those that really needed it. I’m not defending that... I’m just reporting what I’ve heard.


20 posted on 03/25/2009 2:15:02 PM PDT by r-q-tek86 (The U.S. Constitution may be flawed, but it's a whole lot better than what we have now)
[ Post Reply | Private Reply | To 12 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-4041-53 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson