…by not referring to the thing, and its retroactive curbs, as “ass backward retarded” (though, bless his heart, you know he wanted to). Scrawling it on a wall in Geithner’s private lavatory will have to suffice for now, in addition to describing the administration’s plans to stress-test banks as “asinine,” during a speech at Stanford University, which had to have felt good. As part of a performance art attempt to get his ass hauled before Congress to be shouted at, Richard “Pro-jobs” Kovacevich also added:
“Is this America — when you do what your government asks you to do and then retroactively you also have additional conditions? If we were not forced to take the TARP money, we would have been able to raise private capital at that time and not needed to cut the dividend to preserve cash.”
Is anyone forcing this jackass not to return the money now?
@1 – no, but the inference is that he NEEDED the money. he just didn’t like the source. this by the way seems to be a reversal of early claims that they “didn’t need the money” regardless of its funders…
interesting that they are afraid of the new stress tests. perhaps they know full well that their capital isn’t what they make it out to be?
Doesn’t Wells Fargo charge a fee on the monthly statement to the consumer for criticizing the company?
Maybe we should get HR 1207 moving forward and we can figure out where the bodies are.
lol what a dick
of course this is also the same guy crying over how unfair mark to market is
publicist in the hizzous, indeed
Read the article and learn how effectively your new Government is attempting to get the banks to loosen credit ye of no knowledge. However well intentioned President Obama may be his Secretary of the Treasury Timmy Geitner has been a disaster.