No No.....Just Keep It!

So, as Timothy Geithner is threatening to fire more executives at the banks controlled by TARP money, and Congress is passing legislation to manipulate the pay of all employees at bailed-out financial firms, Obama is now refusing to accept a return of TARP funds by the larger banks.

Essentially, he wants to keep the financial institutions under his thumb by forcing them to hold on to the money loaned to them by the government.

There is a report that one of the larger firms is attempting to pay back a portion of the TARP funds; however, the Obama team will not accept the returned money and has warned the CEO of “adverse” consequences should he persist any further.

When will the Obama team decide they are ready to receive returned TARP moneys from the more prominent financial houses? I am guessing they will do their best to maintain a position of power over the financial sector by continuing to refuse payback.