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To: RockyBalboa who wrote (186403)	2/25/2009 7:21:15 AM
From: James Hutton	Respond to of 306849

"If a bank gets Tarp funds it is deprived of lots of marketing opportunities. And this clearly means: less business." Strangely, I find myself agreeing with Barney F. If you ran your business into the ground, and if you want government money in part to bring in business, then you've got to play by their rules. If you want to play by your own rules and market as you wish, then forego the ridiculous pay packages, don't take ridiculous risks and don't run your business into the ground. If the government weren't there, you wouldn't be around to take a paycheck, let alone sponsor a golf tournament or conference at which to market.

To: RockyBalboa who wrote (186403)	2/25/2009 10:38:11 AM
From: Smiling Bob	Respond to of 306849

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. ---- Is that realistic or necessary? Why banking and not sandwich shops? Businesses that are offering an attractive product or service should be well able to prosper without resorting to such extravagance. Banks do it because they obviously have too much money to blow. It's OPM Same with the govt.