[org.whodat]

What Bank of America has done is simply replace one form of taxpayer sponsored capital (TARP) with equity and another form of taxpayer sponsored capital--loans from the Fed. Those loans carry super-low interest rates, so they'll help Bank of America make more money at taxpayer expense. Those loans also, importantly, come with NONE of the restrictions that TARP does.

Well tell the writer he is lying.

[Toddsterpatriot]

What Bank of America has done is simply replace one form of taxpayer sponsored capital (TARP) with equity

Yup.

Well tell the writer he is lying.

The writer didn't say BAC sold stock to the Fed.