bank ceo + tarp funds + untimely foreclosure = OMG!

Sometimes bad PR follows you, especially if you’re a banker who received TARP funds.

From The Huffington Post:

Janitor Facing Eviction Cleans Up After CEO Whose Bank Bought Her House

The most incredible part of this story, to me, is the fact that this banker—ANY banker—would be up for receiving any awards right now. Pardon my bias here, but these big banks need to learn a better lesson in humility right now.

When you take government money—OUR money—and act perturbed when we ask what they’re doing with and respond by NOT loaning it out (but upping credit card interest rates), you don’t deserve an award.

I’m actually disappointed that the planned PR stunt was thwarted here. Maybe I shouldn’t be taking sides, but I can’t help it.


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