How I'm Using My Bailout Cash: Berkshire Bank

Back to blog

stockholder

What a joke! With all the millions/billions Mike Daly speaks about the stock is in the toilet and we the middle class are loosing everything. Thanks Mike..Enjoy the Tarp...I certainly was a fool for not selling this stock over a year ago...but I like so many others thought this was a fine banking institution...I should have sold the Woronoco Stock and never got involved with Berkshire Bank...You are such a disappointment...

cml of MA @ Feb 23, 2009 19:02:29 PM

Shame on you

Couldnt be more blown away at the greedy disregard of this

bailout money-I too will look to do business with a different bank

of MA @ Dec 01, 2008 21:29:16 PM

What a joke!

Admitting that he's using taxpayer dollars to grow his bank? Making some vague statement that "I think the government may have at one point or another encouraged people to increase their lending"?? That's the point of the so-called bailout -- or so we thought.

Obviously, there is no shame in taking taxpayer dollars as "cheap capital" and not pursuing the public interest ONE BIT. Acquisitions? Bigger deals that Berkshire Bank was too small to pitch before? That's a ridiculous use of this money.

Daly should be embarrassed. And we should all be outraged that trillions -- yes, trillions, when you include the ongoing Fed handout -- is being put up with no accountibility.

Soon-to-be-Former Berkshire Bank Customer of MA @ Nov 21, 2008 17:21:27 PM

Lack of Accountability!!!

The lack of accountability over the bailout funds is truly alarming. With banks using the funds for acquisitions versus freeing up credit markets it seems America has been sold yet another bill of goods not resembling what was advertised. I fear that election mania has cloaked the largest fraud in history accomplished in the name of bailing out the largest fraud in history. Is there any end to this madness???

Ray Fisher of NM @ Nov 03, 2008 10:18:40 AM

Back to blog

Add Your Thoughts
About You
The Home Front

The Home Front

Associate Editor Luke Mullins tracks the treacherous housing market and explains how to unload a five-bedroom McMansion or even find that dream home.

advertisement

advertisement

Subscribe

U.S. News Digital Weekly

A weekly insider's guide to politics and policy — in a multimedia, digital format. 52 issues for $19.95!

U.S. News & World Report

6 months of U.S. News & World Report's print edition for only $15. Save up to 67% off the cover price!