Monday, June 01, 2009

Banks Running Away from TARP As Fast As They Can

What is more motivating than the profit motive? The 'get the government out of my hair' motive.

More: JPMorgan hasn't been approved to exit but they said they'll be out by June. So much for conservative bankers not counting their chickens. Smart move, the government now stands to look stupid if they don't let JPM out. Note the smart PR from JPM...the government can use the money for other things!

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