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TCF, US Bank among most outspoken against TARP

TCF and US Bank aren’t alone in their dislike of the federal government’s TARP program.
But many other banks “don’t have the balance sheet or capital strength to be as outspoken” as our hometown banks have been, wr

TCF and US Bank aren’t alone in their dislike of the federal government’s TARP program.

But many other banks “don’t have the balance sheet or capital strength to be as outspoken” as our hometown banks have been, writes Mark Anderson of Finance and Commerce.

The newspaper reviews the banks’ recent criticism of the Troubled Assets Relief Program — U.S. Bancorp CEO Richard Davis called it a “lousy program — and describes their attempts to dissociate from the program, which has caused the public to view the banks negatively, they said.