The banking recipients of the TARP funds are (or have) repaid their loans so that they can provide higher executive compensation than the federal pay czar would allow.
But, what should happen if any of those banks subsequently (within the next year or two) come back asking for more taxpayer money?
Should they get the money (either from Treasury or the Federal Reserve, and yes, that includes loan guarantees) because they are "too big to fail'?
Please comment.
If the executives repay the extra "compensation".