On Tue, 07 Apr 2009 14:43:45 GMT, "Larry L" wrote:


wrote



I've heard similar reports and know of one smallish bank that felt it was
forced to take the TARP originally and never intended to do anything with it
but sit on it until they could give it back


It is possible to see this as a sign that the Banks are 'feeling better' ...
i.e. as a positive

One of the talking heads I read suggested the reluctance to allow returning
the money, YET, was like a doctor insisting that all the medicine get taken
even though the patient was feeling better .. to avoid relapse

It seems, to me, that if "Obama and Timmy want to control the banks and this
would obviously be pretty big leverage in such an alleged attempt" they
probably had the opportunity to actually nationalize them, given public
sentiment and the recession, why settle for just 'leverage' ?


Larry L ( who sees the fact that the banks ... or anyone else ... being
bailed out don't like all the consequences of ****ing up so badly as to need
it .... as a good thing .... )

I'm on my way out the door, but something to consider - nationalization wouldn't
have been so rosy for ANY administration, regardless of "public sentiment" -
it's too hot a potato for 'em and the VERY minimal practical upside is FAR
outweighed by the enormous downside, regardless of what happened.

TC,
R