The planet where if a bank was forced inot tkaing tARP and raised money by stock purchases and paid back TARP - with interest - 2 years ago
hy are we still bitter against them for taking TARP?
What planet are you living on? The planet where using bank money and bank services is “free”, if you want a bank loan the govt says they HAVE to give it to you, if you can’t pay back a loan the govt says they HAVE to forgive it because their executives are rich, they already have too much money, and unicorns crap skittles?
The biggest waste of TARP money went to GM and no mobs are occupying GM plants.
QE2 began the giveaway to private industry in earnest and continues to this day with this administration as paybacks coming to them through the front door again go out through the back door to ‘green’ pet projects at the administration’s whim. Congress sits idle. And banks continue fantasy accounting, in reality are broke.
The only reason for banks to get out from underneath government TARP loans was to get free of the bonus limits that could be paid out to officers under morphed TARP rules.