Fed Sets Rules for Banks to Repay Bailout Money (All Sp[in and No Money)

New York Times ^ | June 1, 2009, 6:19 pm

[org.whodat]

So there is really no pay back money. WHO would have guessed.

[BobinIL]

I heard Rush talking about it yesterday. The banks are going to pay back 68 billion of 1 trillion borrowed. to put this in perspective. If I borrowed $1,000.00 from Franks Payday loans and cash advances then paid back $68.00 of it I still owe Frank $932.00. Is that really such a big deal???

[org.whodat]

So far they have not paid a penny, it’s all less than the checks in the mail.