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If the banks are healthy enought to pay bonuses and repay tarp explain this.

Started by Riversider
about 16 years ago
Posts: 13572
Member since: Apr 2009
Discussion about
http://www.reuters.com/article/idUSN1116366720100111?type=marketsNews NEW YORK, Jan 11 (Reuters) - A federal appeals court on Monday appeared skeptical of U.S. Federal Reserve efforts to prevent the press and the public from learning the names of participants in emergency lending programs designed to support and bail out the financial system. The central bank has argued that disclosure would cause "competitive and reputational harm" to participants, perhaps triggering bank runs, and impede its ability "to effectively manage the current, and any future, financial crisis."
Response by somewhereelse
about 16 years ago
Posts: 7435
Member since: Oct 2009

where do you think they got the money to repay?

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Response by bob420
about 16 years ago
Posts: 581
Member since: Apr 2009

I think the potential tax against banks to replay AIG and auto industry loans is pretty crazy talk.

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Response by somewhereelse
about 16 years ago
Posts: 7435
Member since: Oct 2009

So crazy they already implemented it ini the UK...

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Response by gcondo
about 16 years ago
Posts: 1111
Member since: Feb 2009

lol... the uk...

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Response by rangersfan
about 16 years ago
Posts: 877
Member since: Oct 2009

great comment somewhereelse on the uk tax, right on the money again.

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Response by bob420
about 16 years ago
Posts: 581
Member since: Apr 2009

Why should the banks be taxed to make up for auto industry loans? Just because everything falls under TARP and they are the only ones that can pay?

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Response by pkutina
about 16 years ago
Posts: 17
Member since: Apr 2009

Now America is like China in 60's a lot. Out of mind people are blaming anything as they want, no matter is correct or not. If the politicians use it just in order to get the votes, a lot of wrong things could be done. Wish there are enough wise people to think for the long run of this country.......

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Response by somewhereelse
about 16 years ago
Posts: 7435
Member since: Oct 2009

> great comment somewhereelse on the uk tax, right on the money again.

Yes, thanks. Glad you've finally come around.

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