Financial Times FT.com

US to put conditions on Tarp repayment

By Krishna Guha and Daniel Dombey in Washington

Published: April 19 2009 23:31 | Last updated: April 19 2009 23:31

Strong banks will be allowed to repay bail-out funds they received from the US government but only if such a move passes a test to determine whether it is in the national economic interest, a senior administration official has told the Financial Times.

“Our general objective is going to be what is good for the system,” the senior official said. “We want the system to have enough capital.”

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