DEDICATED TO EXPOSING DISINFORMATION AND PROPAGANDA AND TO PROMOTING UNIVERSAL HUMAN RIGHTS - WITH SHARP ANALYSIS AND BLUNT COMMENTARY. NO ADS. NO TIP-JAR. JUST THE TRUTH.
Wednesday, October 21, 2009
REPAYMENT OF TARP FUNDS IN THE DUMPER
According to this article in the Washington Times, the taxpayers are going to get the shaft when it comes to getting their money back -- never mind all the politicians' promises at the time the TARP funds were allocated.
But there's something else too:
AIG has missed three TARP dividend payments to Treasury as of Sept. 30. If the company misses a fourth payment Nov. 1, Treasury will have the right to elect directors to the AIG board.
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