b3rkut

Bank of America: Ready to De-TARP

Why would it need a second bailout?? And surely paying TARP back quickly strengthens ties, not weakens?

Thnx!


On Nov 03 08:43 AM JudeJin wrote:

> please bac don't de-tarp. if bac cuts its ties with the government,
> who's gonna bail it out twice?

Bank of America: Ready to De-TARP

Please expand more on why you say this? What is Linus missing in his thinking?


On Nov 02 08:34 AM atavist.avatar wrote:

> The author need to think more and write less.

With U.S. Economy Still on the Ropes, Where Are the Banks?

Can you name which banks were forced to accept assistance?

Thnx!


On Oct 28 01:19 PM greedcanbgood wrote:

> What a complete bunch of hogwash. Let’s see, first of all not ALL
> banks required assistance and yet it was forced down their throats
> and then followed up with a bunch of ex post facto rules. Second,
> do more homework. Consumer and business appetite for credit is at
> an all time low. Third, financial institutions have taken a serious
> beating for assuming too much risk (including lending risk) and yet
> now, here you (and congress) decry their unwillingness to lend.
> It's like the master who beats his dog when he feeds it and then
> wonders why the dog is reluctant to eat. Fourth, pending legislation
> may place de facto price controls on some consumer credit and fee
> income streams for banks without regard to the ramifications to the
> financial services industry. Clearly, they are trying to be prudent
> with cash in preparation for the coming storm.