The Good News Economist

Regional Banks Reject TARP Funding

thannagan,

I totally agree that the TARP was focused on the elite banks. And history will show that those big banks spent tons on lobbying for TARP.

If any handout is still needed, it will be primarily for those elite whose junk stinks to high heaven.

For the most part, the second tiers are steering clear of TARP. The don't have toxic waste on their books that needs a tarpaulin to cover it up...