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Re: fourkids_9pets post# 28

Wednesday, 01/18/2012 2:37:05 PM

Wednesday, January 18, 2012 2:37:05 PM

Post# of 75
As for your particular brand of hatred for PNC's receipt of TARP funds, it's clear you're uninformed about the circumstances of the funds.

They were strongarmed into accepting the funds. They neither wanted nor needed them.

In fact, they didn't need them SO much that they took the funds for what they were, a low/no interest loan they could easily pay back. With the money they made a buyout purchase of RBC's branches in the Southern United States. If you're mad about that, consider the fact that they used the money that they supposedly "needed" to SAVE another bank.
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