Bailed-out banks can't reshuffle TARP debt-Grassley

Newswire

* Senator wants list of banks in US lending program * Grassley concerned banks might use fund to repay TARP WASHINGTON, March 28 (Reuters) - The U.S. Treasury must ensure that any bailed-out banks not use a government-run small business program to repay any bailout debt, a Republican senator said on Monday. Charles Grassley, the top Republican on the Judiciary Committee, is trying to find out whether banks that received funds from the $700 billion Troubled Asset Relief Program also ...

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