CEO of BB&T describes strong-arm tactics by Bernanke to take TARP

Ever wonder exactly what happened during those private meetings with the US Govt and bank CEO’s during the 2008 TARP giveaway? John Allison, CEO of BB&T, talks about the ‘incentive’ that Bernanke gave the all the bank CEO’s to take TARP.

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  1. [...] the Right Scoop, John Stossel gives us an inside look into the actual application of TARP with banks who [...]

  2. [...] Obama’s actions are also vexing since it was the banking sector that was largely forced to take support from the government. I can advise from accounts provided to me personally, that several other institutions including [...]

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