At the end of the week the firm of Goldman Sachs indicated they would pay their TARP money back. Seems they a) were healthier than the people in Washington thought they were and b) understood how truly horrible partners the government makes in the private sector. GM and Chrysler will soon understand this, if they do not already.
I am an investor in a small startup bank in California. Their directors made an initial determination to apply for eligibility for TARP bucks but wisely chose not to accept any of the boodle. I congratulated them too!
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