While you're all outraged about the bailout...

Originally Posted by classicman

Glad you finally read the link there Redux. Does that change the situation at all. Hypothetically then, Why should they be penalized if they didn't want the money in the first place and are now being threatened if they try to pay it back? Is that money considered a liability? If so, It makes it even that more obvious that they should be able to pay it back. This makes ZERO logical sense. Zero.... unless this is about politics and control.

I would suggest it is about policies with an intent to maximize the flow of capital into a troubled economy, particularly to consumers and small businesses...not politics (whose? Bush or Obama or both?) or control.

If they can meet the same test as those four banks that were deemed to be "well capitalized" and they can demonstrate adequate lending policies...then by all means, grant it a waiver.

But "show me the money" in this unnamed bank.