It Figures

Treasury Accepts Lowball Price for TARP Warrants

Dear ditto,

And exactly why should the banks that neither wanted nor needed govt. money be required to "open their books" to these bungling power grabbers?

In what world is it justified for the govt. to come in uninvited to dictate terms to private companies, thus robbing shareholders of value?

For those REQUESTING help, certainly the govt. has a right to know the details. But for those resisting gov.t "help", like Wells, GS, State Street, etc., they have no right whatsoever.