Bear Mountain Capital Inc.

BofA Repaying TARP Funds

| December 4, 2009

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It will be interesting to see if other banks follow suit.   The pay czar’s restrictions on compensation, seems to be the biggest motivator for BofA to find ways to exit its TARP obligations, seeing as it has been unsuccessful at find a new CEO to lead the bank, under the current restrictions.

(Click to read Economist.com article)