Chris Santiago

Bye-Bye Dividends

i think the thought of legislation to suspend dividends of banks participating in the TARP is appalling. treasury "volun-told" the nine major banks to participate in the program (to prevent any stigmas), and i would hope that our nation's "leaders" (used lightly) would realize the implications of forcing those banks to participate, and then mandating a dividend suspension. if a bank exec came to washington with his/her hat in hand looking for a hand out, i could see mandates like that being attached; but (i would hope) such actions would not be taken on those who were "forced" in.