Doubt it, you need cash to pay off a loan.'Wells Fargo & Co. said Wednesday that it repaid the $25 billion in bailout funds it received from the Treasury Department under the Troubled Asset Relief Program.'
Don't know if STI can do it, but Citibank also did: "Citigroup Inc. said Wednesday it has repaid the $20 billion in bailout money it received from the government."
And they got that money by issuing more common stock and diluting the heck of the current shares.
Good bank, according to my tally since they announced the purchase of WB.Issued about 1 billion shares for approx. 33.5 billion dollars.Regards,gillie
Next step for the whole crowd will be a reverse split.