Archive for December, 2009

After TARP

By David Russell

Citigroup (C) and Wells Fargo (WFC) repaid $45 billion of government funds under the Troubled Asset Relief Program last week, freeing their management teams to increase executive compensation without government interference. As a result, the general perception has been that these banks and others that received TARP money at the height of the financial crisis are now free of taxpayer support.

Read part 1 here

Read part 2 here

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