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Started By
Message
re: The Fed is still doing its job!
Posted on 4/24/09 at 2:03 pm to LSURussian
Posted on 4/24/09 at 2:03 pm to LSURussian
This guy is not taking the FEDs shite:
LINK
to this CEO.
quote:
TCF Chairman and CEO William A. Cooper said the bank had maintained a strong capital position over the last year through its own operations, and it didn’t need to rely on the public capital infusion to continue its traditional lending pace. Cooper said TCF is the largest bank to pay back TARP funds to the U.S. Treasury. TCF’s executives had complained that Treasury and the U.S. Congress had subverted the TARP program by changing its rules after banks had joined.
LINK
to this CEO.
1
Posted on 4/24/09 at 2:28 pm to GumboPot
quote:
This guy is not taking the FEDs shite:
From your link, that bank will be required to cut its dividend as a condition of repaying the TARP money to Treasury.
Here's a comment posted on the link:
quote:
" Hmmmm. Since the Treasury Dept. seems to like to change the rules after the fact, I suggest that Mr. Cooper do the same. Once his check for $361 million clears, he should reinstate the dividends. Let's see if Tim has the guts to do anything then. "
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