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To: damainman who wrote (184767)2/18/2009 2:54:18 PM
From: Bank Holding CompanyRespond to of 306849
 
> "U.S. Bank CEO: TARP program is ‘lousy’" <<

Boo Hoo. Give that poor guy a raise.



To: damainman who wrote (184767)2/18/2009 3:02:24 PM
From: neolibRead Replies (1) | Respond to of 306849
 
And what do you think would have happened if the Gov had not played hardball and just let MER go splat?

For that matter, yank not only TARP (since some don't think they want it) but all the other bank backstops and let them go splat in succession.

Too big to fail = they need to be broken up so they are small enough to fail. Otherwise they are poorly run, for obvious reasons.



To: damainman who wrote (184767)2/19/2009 11:06:50 AM
From: Les HRead Replies (2) | Respond to of 306849
 
Big banks still leveraged at 25-to-1

time.com