Wall Street Breakfast: Must-Know News [View article]
So why the rush to pay back the TARP money? Not often a company turns away from free $$$. How does this benefit the stockholders? ANS: it doesn't. It's all about getting rid of the government strings that come with it, specificly the limits on CEO pay. Hits them where they live, right in the name of the game.
Wall Street Breakfast: Must-Know News [View article]