Well, here's a WTH point in my day. They took out loans, (financed by stolen money) and then repaid the loans with more TARP loans. Seriously?
via Reason
Read the rest at Reason. See the video and click the links. This is amazing.
I think what it boils down to:
They had 2 TARP loans/bailouts
They paid one off using the other
They essentially now only have 1 TARP loan/bailout
And owing 1 IS better than owing 2
But for anyone to claim that all debts are settled and the score is even is very sorely mistaken.
-J-