quick TARP poll...

[Will B]

Four small banks have paid back 340 million in bail out money to the government. They were all small players in the banking world. Another bank that was far more prominent and, coincidentally, profitable was forced to take just under one billion in TARP funds by the Bush administration. The bank is profitable and is trying desparately to pay the money back, yet, the Obama administration refuses to accept it, thus, retaining government control of the bank. Also, the bank has basically been threatened with "adverse" consequences if they keep trying to give the money back.

Here's the article from the WSJ...Barack Obama Maintains Control Over Banks By Refusing to Accept Repayment of TARP Money - WSJ.com.
Yes, the article ties itself to a Fox News reporter which means that a good number out there will discount it due to the source, but that's not the point.

 

[30ashopper]

I think the original idea was to water down the bad banks with good banks so no one knew which banks were in trouble. I guess it depends on the details of the original loan agreements. If they agreed to take this money and give government control over their repayment plan, they have no one ot blame but themselves for taking it in the first place.

 

[scooterbug44]

If they can pay back the money and have opertaing/loan funds and meet the criteria for ratios etc. I have no problem with them doing so.