Banking / Wells Fargo, Citigroup Repay TARP

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Margaret Bassett

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Wells Fargo & Co. and Citigroup Inc. said Wednesday that they repaid $45 billion they received from the Troubled Asset Relief Program in the midst of the financial crisis last year, freeing them from government restrictions on compensation.

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At www.sfgate.com

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Margaret Bassett passed away August 21, 2011. She was a treasured member of the Opednews.com editorial team for four years.

Margaret Bassett--OEN editor--is an 89-year old, currently living in senior housing, with a lifelong interest in political philosophy. Bachelors from State University of Iowa (1944) and Masters from Roosevelt University (1975) help to unravel important requirements for modern communication. Early introduction to computer science (1966) trumps them. It's payback time. She's been "entitled" so long she hopes to find some good coming off the keyboard into the lives of those who come after her.