tyra banks top model

why won't obama let the banks return the tarp money?

Apr 11, 2009 by ed | Posted in Politics

golman sachs, jp morgan, and bank of america all want to return the money they got so they can gain their freedom back and geithner won't accept the money back..

does anyone know why? is it in something they signed?
hahahhaha obama

I don't think gov is forcing banks to keep TARP money.

In fact, many are eyeing to repay the gov TARP money soon. I see articles noting some banks already paid back portions of their TARP money.
http://www.reuters.com/article/ousiv/idU

Bubuh | Apr 11, 2009

In-Depth Look - Returning TARP Funds - Bloomberg

Analysis and discussion with David Nason, Former Treasury Asst. Secretary as he take a closer look on what Goldman TARP fund return could mean for ...

Fox Business: 'Banks Return to Big Bonuses'

Taxpayers for Common Sense: www.taxpayer.net Click here to receive our Weekly Wastebasket capwiz.com TCS needs you to help us fight government ...

Banks Recovered, but the Economy Struggled in 2009

This is the VOA Special English Economics Report. Two thousand nine may be remembered as the year the world avoided an economic depression. In the ...

New faces

23.11.11

The political landscape in Europe is changing with the careers of Greek leader George Papandreou and Italian Prime Minister Silvio Berlusconi on the line.

Papandreou has already, in effect, departed. He agreed with opposition leader Antonis Samaras to resign in return for Samaras' support for the $180 billion international bailout package that has been Greece's hot potato for the past two weeks.

On an interim basis, Papandreou will be replaced by former European Central Bank deputy president Lucas Papademos -- putting a banker in charge during a financial crisis. That's a novel idea, although certainly not a foolproof one.

In Italy, reports say Berlusconi was expected to resign.

And what about Washington?

Curiously, it could be said that the congressional supercommittee made up of 12 lawmakers who will present a long-term budget proposal by Nov. 23, has the fate of President Barack Obama 's second term in office in its hands.

Six Democrats and six Republicans are hashing out how to save $1.4 trillion in 10 years.

Source: UPI.com

banks return tarp - Bookshelf


Small Banks in the Capital Purchase Program
130 pages 		Small Banks in the Capital Purchase Program

Creator: Elizabeth Warren | Business & Economics - 2010-11
While the return on equity across all banks is much lower than it was in 2007, non-TARP banks' returns have exceeded those at TARP banks. ...
Publisher: DIANE Publishing
Assessing the TARP on the Eve of Its Expiration
152 pages 		Assessing the TARP on the Eve of Its Expiration

Creator: Elizabeth Warren | Business & Economics - 2011-01
It is important to note, however, that this rate of return reflects returns from CPP banks that have been able to repay their TARP funds to date or have ...
Publisher: DIANE Publishing
Special Report on Farm Loan Restructuring
101 pages 		Special Report on Farm Loan Restructuring

Creator: Elizabeth Warren | Business & Economics - 2010-01
Moreover, the role of TARP banks in the farm credit arena can be expected to diminish over time as such banks return their TARP funding. ...
Publisher: DIANE Publishing
The concise encyclopedia of the great recession, 2007-2010
480 pages 		The concise encyclopedia of the great recession, 2007-2010

Creator: Jerry M. Rosenberg | Business & Economics - 2010-07-28
Many banks wished to return their TARP funds and wanted to expunge the warrants. ... Those banks wishing to return TARP funds had to demonstrate their ...
Publisher: Scarecrow Pr
Troubled Asset Relief Program (TARP), Two Year Retrospective
93 pages 		Troubled Asset Relief Program (TARP), Two Year Retrospective

Creator: Timothy G. Massad | Business & Economics - 2011-04
For the $20 billion TIP investment in Bank of America Corporation, Treasury received an internal rate of return of 15.3 percent. These returns are not ...
Publisher: DIANE Publishing

banks return tarp - News


GAO: $700 Billion Bailout Has Cost Taxpayers only $28 Billon
The Fiscal Times - Nov 23, 2011
GAO: $700 Billion Bailout Has Cost Taxpayers only $28 Billon Former Republican President George W. Bush and President Obama have been pilloried by the left and the right for aiding banks and other financial institutions that were facing collapse. TARP has also become a favorite whipping boy for the GOP

Heritage Bankshares, Inc. Announces Third Quarter and First Nine Months Net ...
MarketWatch (press release) - Nov 23, 2011
During the third quarter of 2011, the Company sold to the US Treasury $7.8 million of non-cumulative preferred stock issued under the Small Business Lending Fund ("SBLF") program and used the proceeds to redeem completely its outstanding TARP preferred

New faces
UPI.com - Nov 23, 2011
New faces If banks did not use the money for loans, what did they use the money for? A University of Michigan study found the answer. Banks used their TARP funds to invest in risky, short-term securities, just as if the dude with the purse strings had slipped

How to Determine if Your Bank is About to Fail
BestCashCow.com (blog) - Nov 23, 2011
Ultimately, if the bank failure is big enough or systemic enough, the general public must come up with the funds to bail out the banks, as with the TARP and the S&L bailout in the 1980s. It's worth it to spend a minute taking a look at your bank and

First BancTrust Corporation Reports Third Quarter Results and Declares ...
MarketWatch (press release) - Nov 23, 2011
The minimal dividend level has been determined appropriate for the preservation of capital and to allow for the future repayment of TARP funds. This dividend level allows the Company to maintain its desired capital level while simultaneously