The Big Lies of 2009

• The Check is in the mail.
  
• It's not about the money.
  
• This won't hurt a bit.
  
• Honey, I won't come in your mouth.
  
• I'll respect you in the morning.
  
• Goldman, JPMorgan, Morgan Stanley will be paying back the TARP Money
  

Yes, they are....Only, there's no mention of repaying the FDIC insured loans, and they are trying to weasel out from their obligations in the stock warrants that they issued to the US Government at the time they got the money, which could cost taxpayers billions of dollars.

I expect the Treasury to act in a way that benefits the banks at the expense of the taxpayers, since that's what Geithner has been doing his whole career.

In any case, it appears that the Fed has set a timetable of around June 8 for a response, and there are restrictions on paying back the money, including another "stress test" and getting off the FDIC gravy train, because, of course, senior executives think that their own inflated paychecks are more important than the health and well being of their banks.