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That ship has sailed...no TARP. The Treasury gave out the last batch a while ago...now they want all that money back!
If we have survived so far without it than we dont really need it. I am more interested in the administration trying to revive the small bank sector by changing some of these stupid criteria for liquidity and accounting criteria.
God, I hope you are all shorts trying to sell at a higher price, because if you are long at this point, you should prohibited from investing in stocks.BTW, TONE claims they turned down TARP at the end of 2008. That is BS, because a bank in their condition would never have been eligible.If management is not a bunch of charlatans, they are damn close. Who starts the class action lawsuit procession? My money would be on Phil Stevenson.