Which Telecom Giants Will Merge Next? > AT&T Buys US Government

AT&T Buys US Government

Actually it is the government that has been in the hostile takeover business lately.

They were not hostile when both companies knew it was that or death...

Tell that to the banks forced to take TARP money (and gov't control that came with it) and then were refused when they wanted to pay it back.

I believe -
a) it was their choice to take it - or fail altogether - they chose the more prudent path (for once) for their jobs and the business. Forced would mean the had it forced on them even if they did not want the money. Don't know of a financial institution that had the money forced on them even thought they actively refused it. They gladly took it because they lobbied for it....

2) more than one bank/financial instiution has paid or started to pay the money back - off hand I don't know of any that were told not to take it back if they could without possibly causing more problems for the company.
»thewayforward.jpmorganchase.com/···tarp.htm
»www.thestreet.com/story/10512843···eek.html
»www.nakedcapitalism.com/2009/04/···rms.html
Any site I can find about the administration 'refusing' to accept money have been - less than one sided it seems to me...
--
Brian

"It drops into your stomach like a Abrams's tank.... driven by Rosanne Barr..." A. Bourdain

It was take it - or - take it with Bush's Paulson.

"We don't believe it is tenable to opt out because doing so would leave you vulnerable and exposed. If a capital infusion is not appealing, you should be aware that your regulator will require it in any circumstance. And then the amounts in billions the banks were forced to take were just 'penciled in' to the agreements without much thought (as evidenced by the GS amount changing, again in pen from $20B to $10B on a whim). It is disgusting. The agreements are Dear A$ letters, enter bank name "here", enter amount of taxpayer money they will get "here". And that evening the CEOs were expected to call their boards telling them they were participating. It real-world Godfather fashion, Paulson made them an offer they could not refuse.

»video.foxbusiness.com/5028543/pa···f7342f02

Copies of the docs referenced in the video item
»www.businessinsider.com/uncovere···h-2009-5

Some were forced, whether they actually needed/wanted it or not and then under Geithner some were stonewalled when they wanted to pay it back.
»online.wsj.com/article/SB1238798···163.html

»video.foxbusiness.com/5028543/pa···f7342f02

reply to Talis
Bought and paid for. Now you can't take them to court for spying on you. Next the government will arrest you for saying something bad about them. What a country. Best government money can buy.