The Economy on Dope: Investors Fear Inflation, Embrace Gold [View article]
Most banks that did not take TARP funds were in such poor condition that the did not qualify for the program.
"Along the same lines, if you have money in one of these banks that took TARP funds and really want to get back at them, take your money out of that bank and put it into a bank that did not take TARP funds. If enough people did this fast enough we could run these failing institutions out of business faster than Congress can save them."
The Economy on Dope: Investors Fear Inflation, Embrace Gold [View article]
"Along the same lines, if you have money in one of these banks that took TARP funds and really want to get back at them, take your money out of that bank and put it into a bank that did not take TARP funds. If enough people did this fast enough we could run these failing institutions out of business faster than Congress can save them."