Wednesday, May 6, 2009

U.S. May Set a Debt Test for Banks

Mommy is planning to require banks seeking to free themselves from the government’s grip to show that they can survive without the taxpayer aid that has helped them through the financial crisis.

The article also mentions 3 banks which Mommy feels are healthy enough to repay TARP funds and survive without taxpayer aid. Citi is NOT among them.

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