Where Did TARP Recipient Banks Get The $$ To Payback TARP Funds Now? Consumers....

[Blackhatjack]

http://dealbook.blogs.nytimes.com/2009/05/19/efforts-to-repay-bailouts-may-undercut-benefit-for-taxpayers/?scp=4&sq=eric%20dash%20&st=cse

So now the TARP recipient banks have plenty of money and are trying to 'pay back' at a discount the TARP funds they got from the US Govt in their times of need. (Or in other words "please give us a break on any expense you might charge us.")

So where did all this $$ come from? You, and me, and other consumers who have been abused by increased fees, interest rates, and other egregious practices, all justified as being a part of the industrywide 'standardization' of credit.

Start charging customers 24-40% interest and raising fees, and pretty soon you will accumulate a nice pile of $$.

The very creators of this financial crisis have once again pushed the pain of correcting it off onto those least culpable and able to afford it financially.

[DJ13]

1. The banks have discovered "enhanced credit techniques"

Its torture of the average American.

[Blackhatjack]

3. I'd copyright that phrase if I were you n/t

[w4rma]

2. Another reason they should be allowed to fail. By helping them the economy was hurt more. (nt)