Banks take advantage of federal bailout money

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rewards - January 17, 2009

thats how i see this whole bank bail out they are being rewarded for incompetence ,greed,poor business practice,lying,cheating,stealing,the goverment should be investigating their practices it's crimanal and prosecuting loan officers who wrote this loans but no lets give them the tax payers money to help the poor banks out this is BS.if you run your company poorly sorry you should fail

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edward madden - edgewater, MD - Karma: Bad

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It will happen - January 15, 2009

When we have run out of paper and ink, and stop printing money for a failed banking industry, is when these banks will be allowed to fail. I wonder if/when the general public will stop being misled into believing that the failure of some of these big banks is not acceptable. This is how capitalism works, you fail, you either restructure, declare bankruptcy or get "bought out". Since when should we ever, blindly, keep throwing billions of dollars at something that does not work. This takes every bit of incentive and reward for those companies and industries that are successful, specifically small and local businesses. How are they expected to keep up with companies that seemingly have unlimited financing, even when these huge companies can no longer produce a profitable product? It makes me sick.

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Johnathan Locke - Edgewater, MD - Karma: Good

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TARP - January 14, 2009

Someone please find a way we can track how and where thi smoney is spent! Sounds like we are fixing the problem with the source of the problem.

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J H - Arnold, MD - Karma: Bad

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Banks not good for biz - January 14, 2009

Small business owners are not going to banks because of this exact reason. The banking institution needs a chance to fail in order to be rebuilt again. Small business owners are the ones to suffer and we need to have the rebound to happen already, enough of the bailout. Sincerely, Ilya Bodner Small Business Owner Initial Underwriting Group

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ilya bodner - Columbus, OH - Karma: Bad

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Bank Loans - January 12, 2009

I am abit perplexed, whereas the Bank's got into this mess making bad loans to people who actually did not qualify for them and now with TARP money they lower the loan standards AGAIN to make loans to less the qualified persons. What am I missing here?

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ramarro smith - windsor mill, MD - Karma: Neutral