Josh Marshall provides some insight into an article in the NY Times--some banks are talking about returning the government money they've received. Mr Marshall thinks that this is unlikely, to put it politely.
Chafing under new scrutiny and limits on executive paychecks, many big banks are deciding that they've had quite enough of Uncle Sam and want to give the bailout money back as soon as possible. You get the sense we shouldn't have treated them so badly because if we hadn't they wouldn't be forcing us to take our money back.
Wednesday, February 11, 2009
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