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

Originally Posted by classicman

...
Some - not sure if it many though. Either way it doesn't matter - those that no longer want it and have not used it, as in the real life example above, should be able to give it back.
Additionally I would think that the administration would want to get their money back as soon as prudently possible. As a taxpayer I recognize that getting the money that is not needed back sooner saves not only that money, but the interest on it as well.

As to the real life example above, a "prominent and profitable bank" (unnamed....."the names and some details obscured to prevent retaliation"...lol, nice touch )....what is the bank's current capital reserve? Is it still profitable? What is its lending policy? Will that policy change if it gives back the TARP funds and sits on its money until the economy improves rather than make more responsible loans and contribute to the flow of credit now?

Too many unanswered questions about this real life example to make such sweeping generalizations about the "intent of the Obama administration" or it being a "perfect example of the those institutions trying to do the right thing." as the editorial (and Merc) suggest.

BTW, the editorial also completely misrepresents the Pay for Performance Act by suggesting that it would apply to all employees of such institutions.