How soon people forget. If they did then they would be marching on the steps of the White House rather then on Wall Street.
Short term memory loss:
"We don't believe it is tenable to opt out because doing so would leave you vulnerable and exposed. If a capital infusion is not appealing, you should be aware your regulator will require it in any circumstance,"
The chief executives of the nine largest U.S. banks had no choice but to accept capital infusions from the Treasury Department in October, government documents have confirmed.
Documents Reveal How Paulson Forced Banks To Take TARP Cash
Short term memory loss:
"We don't believe it is tenable to opt out because doing so would leave you vulnerable and exposed. If a capital infusion is not appealing, you should be aware your regulator will require it in any circumstance,"
The chief executives of the nine largest U.S. banks had no choice but to accept capital infusions from the Treasury Department in October, government documents have confirmed.
Documents Reveal How Paulson Forced Banks To Take TARP Cash
