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Should Banks That Issued Government-Covered Debt be Allowed to Repay TARP Capital??
Posted By Chris Whalen On April 27, 2009 @ 1:02 pm In BP Cafe,Think Tank | Comments Disabled
This AM I was on CNBC discussing the banks  with Paul Miller of FBR. Paul is a first rate analysts, IMHO.
I suggested that the big banks should not be allowed to repay TARP equity to long as the government is guaranteeing their debt. That is, if a bank wants to repay TARP capital, they must end the use of debt guarantees AND be able to refinance all guaranteed debt before the TARP capital is repaid. Link below:
We will develop this further. Look forward to your comments.
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URL to article: http://www.ritholtz.com/blog/2009/04/should-banks-be-alowed-to-repay-tarp-capital/
URLs in this post:
 This AM I was on CNBC discussing the banks: http://www.ritholtz.com/blog/2009/04/christopher-whalen-on-financial-fallout-from-stress-test/
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