Is this America — when you do what your government asks you to do and then retroactively you also have additional conditions? If we were not forced to take the TARP money, we would have been able to raise private capital at that time [and not need to cut the dividend.] It is absolutely asinine that somebody would announce we’re going to do stress tests for banks and we’ll give you the answer in 12 weeks.
— Wells Fargo Chairman Richard Kovacevich, March 16, 2009
Welcome to the new America where the Constitution is ignored. Which of the first Ten Amendments hasn’t been gutted or ignored? Only the 3rd. Talk about a disgrace.