Hi,
What do you think of the banks repaying the bailout funds?
http://news.yahoo.com/s/nm/20090609/bs_nm/us_financial_tarp
Is this good news? What will happen to money they returned? Will it serve to purchase some debt?
Thanks!
Hi,
What do you think of the banks repaying the bailout funds?
http://news.yahoo.com/s/nm/20090609/bs_nm/us_financial_tarp
Is this good news? What will happen to money they returned? Will it serve to purchase some debt?
Thanks!
It makes little difference, since I’m guessing the money will go to the government, not the taxpayers. They’ll use it for further nefarious schemes.