Phoenix
DP Veteran
- Joined
- Jan 5, 2008
- Messages
- 1,808
- Reaction score
- 622
- Location
- South Carolina
- Gender
- Male
- Political Leaning
- Libertarian
Less than a year after grasping two multibillion-dollar bailouts from Washington, a resurgent Bank of America announced on Wednesday that it would repay all of its federal aid, underscoring the banking industry’s swift recovery from the gravest financial crisis since the Depression.
http://www.nytimes.com/2009/12/03/business/03bank.html
Let's see, BoA'a CEO resigned and hasn't been replaced yet. This move wouldn't be because no one will come to work for BoA when they are subject to a salary cap from big GOVCO would it?