Tag: tarp

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US Band received $6,599,000,000.00 in US Taxpayer Funded Bailout Money http://money.cnn.com/news/specials/storysupplem ent/bankbailout/
US Bank foreclosed on a property in Rancho Murieta, CA and placed the property for sale with a local Real Estate Firm.
The Property was listed below the market value for the area.
The property was on the MLS for 13 minutes before an offer was written and accepted buy the bank.
After the closing of the escrow on the property i... Read More

Ken Lewis the Bank of America CEO will be leaving his position at the end of the year after.
Ken Lewis was the CEO for 8 years.  
On January 1,  2001 the stock price was trading at $18.61,  today on October 1, 2009 the the stock price was trading at $16.21,  $2.40 cents lower than 8 years ago.
So with a stock price decrease of $2.40 per share and 20 Billion dollars in Taxpayer funded bailout money taken Ken Lewis will leave his job with an... Read More

Dear Stupid Ass Hole President Jamie Diamon of JP Morgan Chase Bank

I have a Home Line of Credit in the amount $60,000.00 which is paid in full.  Today I received a letter from you stating that my is suspended effective 02/27/09.
When I obtained this Home Loan Line of Credit I paid a $500.00 origination fee and a $50.00 account maintenance  fee each year in January.
Well I paid the January Maintenance... Read More