18 December 2009
Not everyone is as thrilled about Citigroup’s new tax breaks as, well, Citi. Former presidential contender Rep. Dennis J. Kucinich (D-OH) counts himself of as one of those who has concerns about the Treasury Department’s decision to change the law so that Citigroup could keep billions of dollars in tax breaks. He went so far [...]
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15 December 2009
Wells Fargo announced early this week that it will repay $25 billion received under the Troubled Asset Relief Program (TARP). The announcement comes on the heels of a similar announcement from the Bank of America. Citibank rushed to join the ranks of those banks committed to repaying TARP funds over the next few months. So, [...]
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