Thursday, February 19, 2009

U.S. Bancorp CEO Davis rips TARP - TwinCities.com

I will say this very bluntly: We were told to take it. Not asked, told. ' "We were told to take it so that we could help Darwin synthesize the weaker banks and acquire those and put them under different leadership," he said. "We are not even allowed to mention that. ... We were supposed to say the TARP money was used for lending.

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