14th Bank Returns TARP Money

ProPublica by Paul Keil | May. 19, 2009 (News Report)

On Friday, two more banks returned their TARP money: Alliance [1] of Syracuse, N.Y., ($26.9 million) and Texas Capital [2] of Dallas ($75 million). So far, 14 banks have returned a total of $1.3 billion, according to our running tally [3] of refunds. As we’ve noted before [4], the returns started coming in soon after Congress passed new restrictions on compensation for top employees at the banks. Full Story »

Posted by Derek Hawkins

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Subjects: U.S., Business, Living
Topics: U.S. Economy, Finance, Money
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Posted by: Posted by Derek Hawkins - May 18, 2009 - 7:32 PM PDT
Reviewed by: Derek Hawkins (review), Glenn LaBauve (review)
Content Type: Article
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Edited by: Derek Hawkins - May 18, 2009 - 7:32 PM PDT

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Glenn LaBauve
3.4
 by Glenn LaBauve - May. 18, 2009

More information that the Bush admins last emergency wasn't an emergency by a chance to shore up his cronies, once they found out there was a new sheriff in town, they decided to change their plea bargin.

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Derek Hawkins
4.5
 by Derek Hawkins - May. 18, 2009
Derek posted this story.
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