FlyerTalk Forums - View Single Post - CO to go Bankrupt in 2010
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Old Jun 28, 2009, 9:23 pm
  #10  
andyli
 
Join Date: Dec 2006
Posts: 226
Originally Posted by JetAway
Is Chase in any position financially to help/"bail out" CO?
Chase is probably one of the healthier banks out there. They just repaid $25 billion in TARP funds back to the US Government. The government previously said they would not allow banks that may still be in financial trouble return TARP funds.

I believe they are negotiating a buyback on the preferred warrants that the US Treasury has right now, as well.
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