tarp: TARP Update - 12/12/09 04:38 AM
Bank Of America made great strides in the past week to exit the TARP program by selling new stock to raise capital. Citibank, the last of the "Big Banks" in the program without a clear exit strategy, has made overtures in the last 24 hours that they will attempt a similar exit strategy.
The program that will be forever know as the Big Bank Bailout, seems to have accomplished many of its goals, and the mood of the nation seems favorable toward the propping up of the financial system to come to a close.
It will be interesting to monitor interest rates, … (0 comments)

tarp: Credit Market Update - Consumer Tips - 12/07/09 02:34 AM
Why do we continue to hear that credit markets are tight?
Because they are, and will continue to be that way.
The nation is going retro by lowering consumer debt, and adding to savings accounts. It is a big step toward personal economic recovery. Living within our means, or even a bit below, is how the U.S.A became the World Power that it is.
As more people are able follow this path, there will be less need for credit, and the supply of credit will level off with the demand. An individual's best control over the credit market is their personal … (0 comments)

tarp: TARP Money Repaid - Vote Good - Bad - Shocking - 06/19/09 12:49 AM
You may have missed the fact that 10 banks were allowed to repay TARP money this week. I find it interesting that many months of impassioned TARP discussions would result in a rather silent repayment of the funds this week. Scanning this morning's headlines across several financial websites and news channels, there is scant evidence of this monumental event. I did learn about another ponzi scheme arrest, and a highly respected financial publication is reporting that TARP recipients had executives using corporate jets for personal use. Whether you feel that negative news sells better or not, is not up for debate … (8 comments)