"Waaaaaaaaaaaaaaaaaaaaaaah stop picking on me stop picking on me it's not fair fair fair fair!"
That's basically what the CEO of Wells Fargo is saying in the article If Goldman Returns Aid, Will Others?
"Is this America, when you can do what your government asks you to do and then retroactively you also have additional conditions put on?" he asked after a speech at Stanford University, according to Reuters. He went on to say that he wished he had never accepted the TARP money.
The outrage! How dare they! Retroactively changing the terms of the agreement once they're already on the hook for money they desperately need. SHAME! This isn't the country our founding fathers had in mind at all.
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You know... this is actually sounding kinda familiar... where do I remember hearing something like this? Let me think.... retroactive changes in contracts... paying ridiculous percentages... hidden terms and conditions...
Oh yeah! This is what Credit Card companies do to consumers ALL THE TIME.
