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.
[...] 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 [...]
[...] the Right Scoop, John Stossel gives us an inside look into the actual application of TARP with banks who [...]
[...] (H/T – The Right Scoop via Ed Morrissey) [...]
Disturbing.
[...] 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 [...]