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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: James Hutton who wrote (186362)2/25/2009 5:15:04 AM
From: RockyBalboaRead Replies (2) of 306849
 
Thanks... that makes sense. But it clearly means the following. If a bank gets Tarp funds it is deprived of lots of marketing opportunities. And this clearly means: less business.

Is that an intended effect, or... as you said: if we want to do the business as we used to do it, just return the funds!

And yes, when I worked with a big investment bank, we enjoyed the events (like attending Formula1 events, sipping champagner and excellent food, enjoying beautiful girls) very much and so did all other clients. We found it´s just a form of "trickle down" and much less corrupting than kickbacks in hard cash.
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