Tuesday, February 24, 2009

House Dems Ask Northern Trust to Return Some TARP Funds

Chicago Public Radio reports:
Northern Trust bank, based in Chicago, is taking a whole lot of heat for a golf tournament it sponsored last weekend.

Congressman Barney Frank and other democrats on the House Financial Services Committee are hopping mad after reports emerged that Northern Trust spent money on parties and entertainment during the golf tournament.
No word yet from Northern Trust customer Barack Obama on this one.