There WERE no terms. This is an after-the-fact demand by the commies in Washington who have decided, 3 months later, that they didn't quite like the way the money that they gave away was spent.
They should have considered making a contractural agreement before dishing out the taxpayer's money.
Better yet, they shouldn't have given away money in the first place. The only reason this bailout occurred was to hide the fact that it was the government at many levels that caused the housing and credit debacle in the first place. They're covering for their own inept policies.
I hate to break it to you but a Republican Administration is the one who doled out the money.
You forget that these banks are going to receive more bailout money with strings this time. I think you would agree if they take the money, they must abide by the rules? Don’t take the money otherwise...Citi is still insolvent and so is AIG...they need more money.