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#647085 - 12/22/10 05:54 PM More bailouts repaid
Dogfish Offline
Poodle Smolt

Registered: 05/03/01
Posts: 10878
Loc: McCleary, WA
http://www.king5.com/news/business/112339124.html

WASHINGTON (AP) — Six banks have repaid government bailouts worth a combined $2.66 billion, the Treasury department said Wednesday.

The banks are returning taxpayer money that they received in the aftermath of the 2008 financial crisis.

Huntington Bancshares, First Horizon National Corp., Wintrust Financial Corp., Susquehanna Bancshares Inc., Heritage Financial Corp. and The Bank of Kentucky Financial Corp. all paid back the money they owed.


Heritage is based in Olympia. I think they took TARP as a hedge, because in the end they really didn't need it. Good to see .GOV get more money back, with interest.
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#647099 - 12/22/10 07:05 PM Re: More bailouts repaid [Re: Dogfish]
StinkingWaters Offline
Repeat Spawner

Registered: 12/12/09
Posts: 1025
Loc: Termite Country
First Horizon National Corp.

Ha!,................ my old stomping grounds grin
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#647101 - 12/22/10 07:11 PM Re: More bailouts repaid [Re: StinkingWaters]
Dave Vedder Offline
Reverend Tarpones

Registered: 10/09/02
Posts: 8379
Loc: West Duvall
I believe TARP was a good thing. Yes I know it was a Bush idea - just saying. Dotto stimulus. We were losing 600,000 jobs a month, had to do something.
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#647102 - 12/22/10 07:14 PM Re: More bailouts repaid [Re: Dave Vedder]
StinkingWaters Offline
Repeat Spawner

Registered: 12/12/09
Posts: 1025
Loc: Termite Country
Yeah like liquidate the debt. We'd be out of the woods and rebuilding by now.

Not pile on more.

Can't wait to hear your remarks on QE3.


Edited by StinkingWaters (12/22/10 07:15 PM)
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On a long enough timeline the survival rate for everyone drops to zero.

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