Seven banks fail, pushing 2009 tally to 52

[pickel]

Quote:

Originally Posted by Toadman

If an institution earned any profit-equity with the TARP bail-out money they have to submit it with final repayment. Who says the Gov't isn't business savvy.

Doubting Thomas here. I'l believe it when I see it. The lawyers and CPA's will make sure they hide whatever they can.

[MTAtech]

Quote:

Originally Posted by pickel

The banks, the Auto industry, and whomever received stimulus money should pay it ALL back with 10 % interest.

I don't disagree. What the government did get is equity. Whether the equity is valuable or not is another story that only time will tell.

[pickel]

Quote:

Originally Posted by MTAtech

I don't disagree. What the government did get is equity. Whether the equity is valuable or not is another story that only time will tell.

Yeah, Sure. Just like the equity has blossomed in my house