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View Diary: Holy Shi$!! Are Geithner@Treasury & Bair@FDIC finally working for Us? (17 comments)

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  •  Does that matter? (1+ / 0-)
    Recommended by:
    Norm DePlume

    That they can pay it back is the story here.

    Revolutionary Road was an awful, awful film.

    by burrow owl on Wed Dec 09, 2009 at 05:22:40 PM PST

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    •  How do you know (0+ / 0-)

      they couldn't pay it back earlier? How do you know how much they really needed the money in the first place? There were never any real controls or measurements put on TARP, leaving them free to engage in whatever Kabuki they want.

      “If I can't dance to it, it's not my revolution.” — Emma Goldman

      by Jyrinx on Wed Dec 09, 2009 at 05:25:40 PM PST

      [ Parent ]

      •  Everyone that could paid it back immediately. (0+ / 0-)

        And everyone has paid it back as soon as feasible.  From that one infers that BOA was able to pay it back now.  

        Revolutionary Road was an awful, awful film.

        by burrow owl on Wed Dec 09, 2009 at 05:27:41 PM PST

        [ Parent ]

      •  They just raised $20 Billion (0+ / 0-)

        of converts in a secondary offering.  If they had adequate liquidity and capital on hand ... why would they do such a massive equity raise and dilute their shareholder base?

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