Go back and read your history
TARP wasn’t even voted on until 4 October 2008
The first “allocations” for “stock purchase” in the banks were made on 28 October
Paulson summons bankers to DC and warns them to take the TARP money..... or else
By November Pelosi et al were hammering on Bush to use TARP money to save GM. Bush caved. By December TARP money was flowing into GM and the UAW
The democrats were also hammering Bush to ask for and release the entire $700 Billion in TARP before obama took office so he could have all the money to use. Bush caved. 8 days before the inauguration Bush asked that all TARP be released. It was.
obama and Larry Summers vowed to institute controls over TARP
http://moneymorning.com/2009/01/13/obama-tarp/
By Feb 2009 about $300 Billion of the $700 Billion was spent
In March obama summons the bankers to DC and tells them they cannot simply repay TARP Paulson forced on them, and they better spread the wealth because he is all that stands between them and “the pitchforks”
http://dealbook.nytimes.com/2009/03/24/obama-is-expected-to-meet-with-top-bankers/
By June 2009 the top 10 banks that Paulson forced to take TARP, repay TARP (with interest) despite Geithner obstacles to them doing so, to get govt out of their executive boardroom decisions.
http://dealbook.nytimes.com/2009/06/17/jpmorgan-repays-treasury-as-tarp-exits-continue/
Go back and read your history
TARP wasnt even voted on until 4 October 2008
The first allocations for stock purchase in the banks were made on 28 October
I've read my history. That's how I knew that October 28th was before the election.