Comments on: Some Banks Skip TARP Dividends http://www.nakedcapitalism.com/2009/06/some-banks-skip-tarp-dividends.html Sun, 22 Nov 2009 18:20:39 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: john bougearel http://www.nakedcapitalism.com/2009/06/some-banks-skip-tarp-dividends.html#comment-49371 john bougearel Wed, 24 Jun 2009 00:10:07 +0000 http://www.nakedcapitalism.com/2009/06/some-banks-skip-tarp-dividends/#comment-49371 Banks "entered into a memorandum of understanding with regulators that requires it to boost its capital levels by June 30." <br /><br />Hmmm, so this memorandum of understanding with regulators, which includes the Treasury and Fed is in conflict with the Terms of TARP. <br /><br />There is no way in hell they will resume paying divs after they boost capital levels by June 30./ Banks "entered into a memorandum of understanding with regulators that requires it to boost its capital levels by June 30."

Hmmm, so this memorandum of understanding with regulators, which includes the Treasury and Fed is in conflict with the Terms of TARP.

There is no way in hell they will resume paying divs after they boost capital levels by June 30./

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