Comments on: 7 Facts You May Not Know About the TARP Capital Purchase Program

By: haha funny

haha funny — Wed, 30 Sep 2009 15:53:46 +0000

Well…considering that the US has a GDP of about $14 Trillion annnnnd that in the money market about $14 trillion is traded DAILY…how do you expect a bank to track exactly where $1 billion went? I’m sure it was immediately split up and moved to where it was needed. I don’t find that to be in any way odd. And as far as giving unemployment benefits vs. giving a bank money…do you have any idea how many people these banks employ? I’d rather keep people employed.

By: Greener Pastures

Greener Pastures — Fri, 20 Feb 2009 17:27:36 +0000

Is there a TARP filing fee? Those shysters.

When I think of all the red tape I have to go through for anything government related- including my taxes, passport, license, registration…and in the future, social security and medicare….

grrrrrr

By: Dividend Growth Investor

Dividend Growth Investor — Wed, 18 Feb 2009 12:37:52 +0000

I am seriously considering purchasing the smallest bank possible and applying for TARP funds.
If all PF bloggers unite and every one contributes $10k we would be able to buy a small bank, get TARP money and really blog for a living

By: Manshu

Manshu — Wed, 18 Feb 2009 03:53:51 +0000

Well, it may be just two pages, but the form is just a formality. TARP is set up to defend the financial stability of the US and when you think about Citi’s 2 trillion balance sheet, how many sheets do you think we’ll need to understand all of that?

They should have certainly made the whole thing a thousand times more transparent, but I guess the number of pages for the form doesn’t really matter that much.

By: CD Rates

CD Rates — Tue, 17 Feb 2009 19:55:47 +0000

Gov’t at its best. No accountability for $350BB to the people who created the mess, jail time if I fail to pay taxes on time.

2 page form for them. 10 – 15 pages for my taxes. Thousands of pages of instructions.
2 pages for them. 20 – 30 pages for a mortgage app.
2 pages for them. 12 or so for Cell/Telephone service.

Just whacky. cd :O)

By: SimplyForties

SimplyForties — Mon, 16 Feb 2009 17:18:43 +0000

Instead of applying for unemployment, maybe we should apply for TARP funds. Sounds like the process is easier and there aren’t as many hoops through which to jump.

By: Neal Frankle

Neal Frankle — Mon, 16 Feb 2009 15:28:12 +0000

WOW…..this is amazing. I can’t say I’m surprised by the facts. I am shocked that it isn’t the number one story on talk radio and other bloggers’ sites. Thanks for bringing this up….(Now I have a good reason to be angry today!)