No surprise the banks are returning TARP money to avoid regulation

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No surprise the banks are returning TARP money to avoid regulation

Link: http://money.cnn.com/2009/12/14/news/companies/Wells_Fargo_TARP/index.htm

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"I just asked him his name"

Idiotechnica registration is at capacity!!

The Spielberg Face

Reconstructing speech from the cortex.

In recent weeks many banks have repaid money lent to them by the TARP program. Did they suddenly make billions in profits to pay off the governemnt loans? Of course not. They are simply issuing more stock. All in an attempt to avoid regulations aimed at capping absurd Executive pay packages. Read on...

Tags: TARP, Wells Fargo, , Citibank, regulation,

Posted By: onemiamibum

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