So, Bank of America is writing a big, fat, $45 billion check to the U.S. to pay back the money we handed the bank under the TARP program. Great news, right? Not so fast. Wall Street bad boy Henry Blodget points out that BofA is paying the money back while taking out ultra-low-interest loans from the government — loans that don’t come with any of the restrictions bundled with TARP funds. [More]
