TARP vs. non-TARP divide could grow with Treasury decisions:

06/9/2009 | Google

The Treasury Department may announce as early as today which banks will be allowed to repay funds they received under the Troubled Asset Relief Program. Some analysts, however, fear that the decisions could widen the gap between strong banks and weak banks. Meanwhile, executive-compensation restrictions imposed as part of TARP have already resulted in a loss of personnel for banks still under TARP. "It will impact salespeople, and salespeople are the life of the company," said Scott Talbott, senior vice president of government affairs for the Financial Services Roundtable. "If you can't make sales, you can't improve revenue. If you can't improve revenue, you can't improve your stock price. If you can't improve your stock price, you can't return the government's money. And that will just maintain the competitive disadvantage."

View Full Article in:


Published in Brief: