http://www.thereformedbroker.com/2009/12/03/analysts-weigh-in-on-bank-of-america-following-tarp-repayment-announcement/ Just another WordPress weblog Fri, 16 Dec 2011 16:06:08 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.thereformedbroker.com/2009/12/03/analysts-weigh-in-on-bank-of-america-following-tarp-repayment-announcement/comment-page-1/#comment-1583 euandus2 Thu, 03 Dec 2009 17:42:04 +0000 http://thereformedbroker.com/?p=7353#comment-1583 As per http://euandus3.wordpress.com/2009/12/03/skipping-stones-what-about-the-foreclosures/ , I think it is telling that the Treasury department is not advocating that the proceeds be used to reduce the number of foreclosures. In fact, Treasury had noted such an alternative in its "break the glass" TARP proposal in April 2008 (before Sept!). I suspect the power of the banking lobby explains this. As per http://euandus3.wordpress.com/2009/12/03/skipping-stones-what-about-the-foreclosures/ , I think it is telling that the Treasury department is not advocating that the proceeds be used to reduce the number of foreclosures. In fact, Treasury had noted such an alternative in its "break the glass" TARP proposal in April 2008 (before Sept!). I suspect the power of the banking lobby explains this.

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