[Toddsterpatriot]

If they didn’t need it, they could have returned it the next day.

No they couldn't.

Call me cynical but I think when the smoke clears, we’ll find out that there was a wealth distribution to big banks.

LOL! It cost JPM $795,138,889 in dividends.

And the Treasury sold the JPM warrants for $936.1 million.

[liberalh8ter]

My thoughts are what we've been told about all of this is BS. I have no choice to believe that because A.) there's been no complete accounting of the FED and B.) Bernanke has already been caught in a lie about bailing out foreign interests. At such a time that a complete audit is undertaken and disclosed and it's proved that Ben didn't lie, I'll agree with you.

[Lurker]

No they couldn't.

Sure they could. It's called a "check". Just make it out, sign it, and drop it in the mail. Then deduct that amount from their cash on hand ledger.

Whether or not it's cashed isn't up to JPM. But they could have sent out a press release saying they'd sent the Fed a check and that the debt was now officially off their books. They could have done that an hour after they were forced to accept the money.