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Bank of America Forced to take TARP funds email this discussion to a friend?

myLot reputation of 73/100. bobmnu (2640)   ranked 3 out of 1,004 in usa4 weeks ago

Bank of America was financially sound going into the economic meltdown until the government step in to help. Former Treasury Sectary Paulson said that forcing them to complete the takeover of Lehman- Marcus lead to the financial problems the bank is now facing. It has also been disclosed that many of the Bank takeovers were not of financially weak banks but many were healthy ones and now they are facing even more government interference. Did the government help or make the problem worse?

 
 
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tags:  band of america, tarp, bailout, government
 
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