BoA Paid Back TARP Loan With Another Govt Loan


So no, they didn’t ‘repay’ us. They took out a loan from the Fed with none of the TARP restrictions (pay caps) and a super low rate because it’s good business and because our govt is still amazingly unreformed. So either our govt is incredibly stupid or it’s closely connected to the banking industry. HMM.

  1. ms-whoever liked this
  2. comosehomo reblogged this from hoitycoity and added:
    “American people...kinda got screwed over option” for hell, let’s go big, 45 billion.
  3. hoitycoity posted this
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