Banks giving back bailout money

[preferredduck]

http://www.nytimes.com/2009/03/11/bu...t.html?_r=1&hp

i saw some others today considering it, jp mogan=50B, citi=30B, and also a few more smaller banks are alos giving the money back too. i wonder which bank won't give the money back. and how in the hell can they give back money they were in dire need for or the economy would collapse. i know some companies are projected to make a profit this quarter, but thats a lot of money to pay back, and a lot of the banks bought other smaller banks along the way for pennies on the dollar and probably won't pay much interest.
Who knows though. let's see if thing don't recover which banks survive.

[ahabion]

Looks like as the government dips their fingers and tries to pull strings (bribing) that the banks aren't liking it too much. But of course, these bank exec's aren't liking it either because they don't get their lavish bonuses of 2 Mil. In any case, give it back! Them are tax payer dollars, didn't belong to them anyway.

[Paul]

they should be required to give it back; especially after xmas bonuses

[preferredduck]

Looks like as the government dips their fingers and tries to pull strings (bribing) that the banks aren't liking it too much. But of course, these bank exec's aren't liking it either because they don't get their lavish bonuses of 2 Mil. In any case, give it back! Them are tax payer dollars, didn't belong to them anyway.

well when the TARP money was given out there was no transparency and no regulations. now that there are rules they don't want it and we finally know what banks got some money. we will see what happens.

[Sammich]

i didnt catch the full report, but werent some of the banks brought into some kind of conference and they told them that they were investing overseas, as opposed to on USA soils?

[preferredduck]

i didnt catch the full report, but werent some of the banks brought into some kind of conference and they told them that they were investing overseas, as opposed to on USA soils?

probably the world bank which is in the works.

[preferredduck]

http://www.infowars.com/china-banks-...g-to-us-banks/

China banks told to halt lending to US banks
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Reuters
September 25, 2008




Chinese regulators have told domestic banks to stop interbank lending to U.S. financial institutions to prevent possible losses during the financial crisis, the South China Morning Post reported on Thursday.

The Hong Kong newspaper cited unidentified industry sources as saying the instruction from the China Banking Regulatory Commission (CBRC) applied to interbank lending of all currencies to U.S. banks but not to banks from other countries.

“The decree appears to be Beijing’s first attempt to erect defences against the deepening U.S. financial meltdown after the mainland’s major lenders reported billions of U.S. dollars in exposure to the credit crisis,” the SCMP said.

Read article


if the chinese still are not lending, or if this is bs then it can have an effevt on things