Banks

Banks Missing Dividend Payments To TARP

Banks are missing their dividend payments to the US Treasury; is this some sort of quiet revolution?  I haven't heard anything more about the actual TARP loan repayments since Barack refused to accept them back in April, 2009, and makeshift conditions were made for repayment back in May, '09. More Than 90 Banks Miss TARP Payments More than 90 U.S. banks and thrifts missed making a May 17 payment to the U.S. government under its main bank bailout program, signaling a rising number of lenders are struggling to meet their obligations. The statistics, compiled by SNL Financial from U.S. Treasury…
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