Msg. 40796 of 45651 (This msg. is a reply to
40791 by
capt_nemo)
Jump:
This is on schedule. The absorption of small bank assets by a relatively few large banks has been part of the plan. Why? Because the assets will be CHEAP, and the government's ties are to the largest banks.
Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months
in a report that challenges the government's upbeat assessment of its financial-system rescue.
Christy Romero, special inspector general for the Troubled Asset Relief Program, said 351 small banks with some $15 billion in outstanding TARP loans face a "significant challenge" in raising new funds to repay the government.
Ms. Romero made the comments in her quarterly report to Congress, the first since the Senate approved her appointment in March as special inspector general for the program. She urged the government and regulators to ...
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