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Home › Forums › Financial Markets/Economics › Close your accoutns at banks that took TARP › flu wrote: Not to add insult

April 7, 2009 at 6:04 PM #378239
TheBreeze
Participant

[quote=flu]

Not to add insult to injury..But let’s play connect the dots….

1) Emigrant Direct is the online division of
Emigrant Bank

2) Emigrant Bank is owned by….
New York Private Bank and Trust Corporation

Guess what?… New York Private Bank and Trust Corp RECEIVED tarp: $267,274,000 and change.

Enjoy the data….

http://en.wikipedia.org/wiki/New_York_Private_Bank_&_Trust_Corp.

http://banktracker.investigativereportingworkshop.org/tarp/new-york/new-york/new-york-private-bank-and-trust-corporation/

You can also read about Emigrant Bank’s troubled assets here:

http://banktracker.investigativereportingworkshop.org/banks/new-york/new-york/emigrant-bank/, hence probably why there is a 1 star rating on the bank.

[/quote]

Nice work Flu. You’ve earned your welfare check today. Now if we could just wean the rest of your deadbeat relatives in investment banking off the TARP teat, we’d be making some progress.