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.
8 comments
Of course they’d cover it up. And they shouldn’t. In Mexico they would call that “Saludar con sombrero ajeno.”
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
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.
you’re assuming that they use TARP funds
Five people were laid off at the Denton Record Chronicle this afternoon. You guys on it or what?
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.
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.
Did the “sponsor’ send a representative to protest at the W parking lot? It would have been soooo appropriate!