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Big Bank Gives Generously, Covers It Up

Posted on February 27th, 2009 3:09pm by Glenn Hunter
Filed under Business, Local News

If there isn’t just a little populist anger over the bailouts, why are banks that accepted TARP dough running scared from public opinion? Recently, a local charitable organization held its annual big deal and, in the program, broke with tradition by listing a major sponsor simply as “anonymous.” The unnamed sponsor, turns out, was one of those TARP-accepting mega-banks, apparently afraid of appearing too loose with its jing.

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8 Comments to “Big Bank Gives Generously, Covers It Up”
  • Jean Val Jean @ February 27th, 2009 at 3:27 pm

    Of course they’d cover it up. And they shouldn’t. In Mexico they would call that “Saludar con sombrero ajeno.”

  • Peterk @ February 27th, 2009 at 4:22 pm

    I suspect you’ll see more and more companies cutting back or asking for anonymity. especially with the anointed one seeking ever more control and higher taxes

  • Give Me A Freaking Break @ February 27th, 2009 at 4:28 pm

    Because it is not their jing to be loose with.
    What was the name of the charity, I want to know so I can write it off on my taxes.

  • Peterk @ February 27th, 2009 at 8:05 pm

    you’re assuming that they use TARP funds

  • homeboy @ February 27th, 2009 at 8:57 pm

    Five people were laid off at the Denton Record Chronicle this afternoon. You guys on it or what?

  • Drew @ February 28th, 2009 at 11:40 am

    I worked (past tense – as in laid off past tense) for one of those banks who aren’t doing so grand.

    They don’t get it. Period.

    And then their main lobby has the balls to go on the record with this?

    http://www.politico.com/news/stories/0209/19418.html

    Give me a break.

  • Precedential Caveat @ February 28th, 2009 at 9:53 pm

    The banks have a point, though. It is not the President’s purview to comment on such things, especially when the banks are trying to recover. Trash talking them is not conducive to investor confidence, which leads to stock devaluation which leads to you losing your job, Drew. Frankly, everytime 0bama opens his yap, the market nose dives, so I, for one, am more than ready for him to shut up and actually work for a couple of consecutive days. If he has it in him to do so, of course. I’d hate for him to stress out or anything.

  • smarty @ March 2nd, 2009 at 9:41 am

    Did the “sponsor’ send a representative to protest at the W parking lot? It would have been soooo appropriate!