Citi to repay $20 billion TARP funding
December 14, 2009 at 13:03 PM EST
[Skip to the end] Does anyone in Washington realize any ‘profits’ govt makes reduces private sector net financial assets by that amount? Just like a tax, though a banks marginal propensity to spend is probably near 0. And that TARP funds per se do nothing for banks, its just the change in capital ratios [...]