Quote:
Originally Posted by bry623
I think the banks want out because banks can't survive in communistic, non free enterprise society.
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Funny how that philosophy didn't stop them from accepting Federal funding, isn't it? Personally, I would say that the salient point is that letting under capitalized banks bail out of TARP is just letting them out of obligations to repay public money, and setting themselves up for potential failure if the economy gets worse. Sure, some people would make money in the short run, but what does the tax payer get for letting these guys off without paying all their obligations? Hint: Phillips and Torx are both types of....
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Sweet!