It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
(visit the link for the full news article)
The federal government, meanwhile, is pressing the bank to pay about 500 million dollars to end a tentative pact that would have seen the government share its losses on some Bank of America assets, the Journal said, citing people familiar with the matter.
Although Bank of America is not seeking to repay the full 45 billion dollars of TARP aid it obtained, the company has proposed starting by returning the 20 billion of additional aid it received in January...
By repaying some of the aid, the Charlotte, North Carolina-based bank would no longer have its executive compensation packages reviewed by Kenneth Feinberg, the "pay czar" of President Barack Obama's administration.