[SeeSac]

I no longer even accept checks drawn on B of A or any other TARP bank.

BofA didn't not want ML or to be a part of TARP. They were threatened by the government with ruin if they didn't play along.

[longtermmemmory]

so we are told...

[driftdiver]

All banks who got TARP funds were essentially forced to take them.

However, the big banks and financial companies caused the problem in the first place.

[Neidermeyer]

BofA didn’t not want ML or to be a part of TARP. They were threatened by the government with ruin if they didn’t play along.

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BofA is bankrupt and requires the governments continued assistance to keep the doors open (FNM & FRE playing along that the debts are really secured and not wild instruments) ,, BofA has $120B OR MORE in bad mortgage backed debt just from their CW purchase that they will be forced to buy back from the true lenders. To say they don’t want the gov’ts help MAY be true but it misses the point that they don’t have a choice in the matter.

[Pollster1]

BofA didn't not want ML or to be a part of TARP. They were threatened by the government with ruin if they didn't play along.

Not relevant, even if true. They should have stood up to the illegal pressure both for ethical reasons and for business reasons.