Northern Trust to repay $1.6 billion TARP injection less $6.3 million for LA bash

Good! Let's see where they take their own executives for some tender good pampering this time when they have to cough up from their own wallets. For all I care, these knuckleheads can go pamper themselves and all their croonies all the way on the moon if they like.

And this guy, Hank Paulson, needs to have his head examined, too.

REG JOE MOE ---- You must not have read this part of the article !! it has decided to pay back the $1.6 billion that it never wanted to take to begin with. And thanks to its excellent financial performance -- in the last year it generated $4.3 billion in revenues and $795 million in profit -- it never needed the money to begin with but Hank Paulson forced Northern to take it.

This is false information against Northern Trust, this is their marketing program for commercial their customers to grow their business.

The Media is not providing truthful information!

I agree with Mike, this company is one of the few banks to post a profit this year! It seems to me their business model is working fine. TARP funds were not used for this event according to multiple responses from NTRS. They are paying it back to ensure they are still a great company.

Let's be honest - it's not corporate greed... it is a marketing event targeting existing customers. Northern Trust participated in the original TARP funds because ALL national banks were asked to.

I judge performance by their balance sheet... not by a congressman or the media's first view.

When a marketing event that attracts and retains investors more effectively than TV, newspaper and radio advertising - it gets attacked by TV, newspaper and radio companies.
What about the cost to the economy when corporations cancel events to avoid bad PR? I blab about that here ... http://brianmcgovern.com/special-event-industry-tarp/