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Take Your Money And...

Authors :
Zumbrun, Joshua
Novack, Janet
Vardi, Nathan
Source :
Forbes; 6/22/2009, Vol. 183 Issue 12, p30-31, 2p
Publication Year :
2009

Abstract

The article looks at instances of people repaying or rejecting government money. William A. Cooper, chief executive officer of TCF Financial. TCF became the largest bank to repay the U.S. government's Troubled Asset Relief Program bailout money by returning $361 million on April 22, 2009. Mark Sanford, governor of South Carolina, denied $700 million in education stimulus funds because he did not like the terms.

Subjects

Subjects :
GOVERNMENT aid
FINANCIAL bailouts

Details

Language :
English
ISSN :
00156914
Volume :
183
Issue :
12
Database :
Complementary Index
Journal :
Forbes
Publication Type :
Periodical
Accession number :
41042113