Ten banks to pay back TARP $68 billion

**triggerhappy2005** · 06-09-09, 10:33 AM

http://money.cnn.com/2009/06/09/news...ion=2009060910

Now that we're starting to get some serious money back, have any of the naysayers changed their minds about the Tarp program.

**Blakeman** · 06-09-09, 10:50 AM

350 Billion
- 68 Billion
------------
282 Billion left to repay from Tarp loans.

How much of the 68 Billion includes the interest gained from the loan?

I'm glad some folks are paying back, but there have been some banks that didn't want it in the first place and have had to wait to pay it back.....

I will always be a naysayer about the government bailing out anything dealing with private business.

Regulate not Integrate.

**Nuckle** · 06-09-09, 10:51 AM

"Expected"

Even if they pay back 100% I still will not agree with it.

**Highstakes72** · 06-09-09, 11:01 AM

Originally Posted by triggerhappy2005

http://money.cnn.com/2009/06/09/news...ion=2009060910

Now that we're starting to get some serious money back, have any of the naysayers changed their minds about the Tarp program.

Nope. Not the role of government.

"There are lies, damn lies, and statistics."

**triggerhappy2005** · 06-09-09, 11:03 AM

Originally Posted by Highstakes72

Originally Posted by triggerhappy2005

http://money.cnn.com/2009/06/09/news...ion=2009060910

Now that we're starting to get some serious money back, have any of the naysayers changed their minds about the Tarp program.

Nope. Not the role of government.

"There are lies, damn lies, statistics and $68 billion."

**Highstakes72** · 06-09-09, 11:51 AM

Originally Posted by triggerhappy2005

Originally Posted by Highstakes72

Originally Posted by triggerhappy2005

http://money.cnn.com/2009/06/09/news...ion=2009060910

Now that we're starting to get some serious money back, have any of the naysayers changed their minds about the Tarp program.

Nope. Not the role of government.

"There are lies, damn lies, statistics and $68 billion."

Means nothing without background data. Many banks were forced to take money whether they were solvent or not.

and if and $68 billion is a big deal to you...Why aren't pitching a REAL BITCH about the TRILLIONS in unfunded obligations that are being thrown around.

**Consultant** · 06-09-09, 12:14 PM

A successful Bush policy. Glad to see you taking his back, Trigger.

**rock_lobster** · 06-09-09, 03:49 PM

Originally Posted by Consultant

A successful Bush policy. Glad to see you taking his back, Trigger.

Doesnt matter if they get every penny back from the banks, still isnt the role of the government. People start buying into this way of doing things, then the government gets free rain to financially get involved in anything it feels like...which will cause major problems in the future.

**WorstPE** · 06-09-09, 03:52 PM

Originally Posted by rock_lobster

Originally Posted by Consultant

A successful Bush policy. Glad to see you taking his back, Trigger.

Doesnt matter if they get every penny back from the banks, still isnt the role of the government. People start buying into this way of doing things, then the government gets free rain to financially get involved in anything it feels like...which will cause major problems in the future.

QTF!

That money will never get paid back in full. Because of the interest. They will always have to bow to the government.

**triggerhappy2005** · 06-10-09, 05:49 AM

Originally Posted by Highstakes72

Originally Posted by triggerhappy2005

Originally Posted by Highstakes72

Originally Posted by triggerhappy2005

http://money.cnn.com/2009/06/09/news...ion=2009060910

Now that we're starting to get some serious money back, have any of the naysayers changed their minds about the Tarp program.

Nope. Not the role of government.

"There are lies, damn lies, statistics and $68 billion."

Means nothing without background data. Many banks were forced to take money whether they were solvent or not.

and if and $68 billion is a big deal to you...Why aren't pitching a REAL BITCH about the TRILLIONS in unfunded obligations that are being thrown around.

Because TARP and underfunded obligations are two, totally separate issues.