NEW YORK (TheStreet) -- On Wednesday, Treasury Secretary Timothy Geithner announced that the Obama administration would be extending the Troubled Asset Relief Program until October 2010 -- and is planning on using at least some of the $150 billion in unspent TARP fund for some type of job-creation programs.
Meanwhile, Citigroup (C) and Wells Fargo (WFC) are trying to raise enough capital to get out from under the government, while Bank of America (BAC) won approval last week to repay its $45 billion in federal aid.
So what do you think? Should leftover TARP funds be used for some form of economic stimulus? Vote in our poll below, and learn the consensus of TheStreet.
-- Reported by Jeanine Poggi in New York.Follow TheStreet.com on Twitter and become a fan on Facebook.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV