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Exact Answers :

“We understand the TARP funding is an obligation totaxpayers that we intend to pay back with premium,” said JoeGoode , spokesman for Charlotte, North Carolina-based Bank ofAmerica.

Near Answers :

Alaska Sen. Mark Begich , one of more than two dozen Senate Democrats who support directing some TARP dollars toward loans for small businesses, said “that’s where it should have gone.”

Additionally, the company’s strong earnings substantially neutralized the cost of the TARP funding.”

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More Latest News Most Read Stories Max & Erma’s owner seeks Chapter 11 Thursday H1N1 clinic for pregnant women Loan woes, TARP payments keep Huntington in red Rosendales restaurant closes in Short North Nationwide shuffles top execs’ roles Most Emailed Stories Westerville wins $4M in stimulus funding for ‘smart meters’ Companies seeking better way to gauge economic red flags Economists: Recession is over (but jobs recovery will be awhile) Max & Erma’s owner seeks Chapter 11 Univenture, OSU land federal energy grants Reader Comments Business Pulse Survey Do you think the government should regulate the pay of top executives whose companies get taxpayer-backed help?

More Latest News Most Read Stories Max & Erma’s owner seeks Chapter 11 Thursday H1N1 clinic for pregnant women Loan woes, TARP payments keep Huntington in red Rosendales restaurant closes in Short North Nationwide shuffles top execs’ roles Most Emailed Stories Westerville wins $4M in stimulus funding for ‘smart meters’ Max & Erma’s owner seeks Chapter 11 Economists: Recession is over (but jobs recovery will be awhile) Univenture, OSU land federal energy grants Companies seeking better way to gauge economic red flags Reader Comments Business Pulse Survey Do you think the government should regulate the pay of top executives whose companies get taxpayer-backed help?

More Latest News Most Read Stories Max & Erma’s owner seeks Chapter 11 Thursday H1N1 clinic for pregnant women Loan woes, TARP payments keep Huntington in red Rosendales restaurant closes in Short North Nationwide shuffles top execs’ roles Most Emailed Stories Max & Erma’s owner seeks Chapter 11 Westerville wins $4M in stimulus funding for ‘smart meters’ Univenture, OSU land federal energy grants Economists: Recession is over (but jobs recovery will be awhile) Companies seeking better way to gauge economic red flags Reader Comments Business Pulse Survey Do you think the government should regulate the pay of top executives whose companies get taxpayer-backed help?

There were many banks/financial companies that took TARP funds last fall, some that needed the funding in order to survive and other that didn't need the funding but were asked/required to take it anyway.

-Car sales in November will match those in August -The Banks can repay TARP and exit all government loans and just use the regular sources of funding and have no problems -Residential paper can be marked to real value and no capital will need to be raised -Commercial Real Estate vacancy rates do not matter at all -Unemployment does not matter -Shadow inventory is a myth I could go on.

Wells acquired Wachovia after it suffered a deposit run, while PNC purchased National City after its request for TARP funding was denied.