This is what is needed to get the trans tax hawks off of our backs. GS and JPM already said they wanted to pay it all back, and the Gov wouldn't let them...so now maybe they can soon.
Big story bullish, does not lessen my dislike of Lewis at all. http://finance.yahoo.com/news/Bank-of-America-to-Repay-prnews-2967473288.html?x=0&.v=1
GS and JPM have already payed the money. But if you think that BOA can really pay this money just ask them to forgo their govt guarantees once they pay the tarp back and see what they say then. Wake up right now I'm looking at houses in San Diego and their all over 400k with median household income of 76K. This makes no sense at all. these houses should be in the high 200s and low 300s were going back to what got us here and the banks will need another bail out sooner or later.