Yesterday, the Treasury Department announced that 10 financial institutions had been cleared to return their TARP bailout money — totalling some $68 billion to the government. This is good news — taxpayers are finally getting some of their money back, and banks look to regain their independence, putting the threat of Detroit-like nationalization behind them. Still, not everyone is happy. There’s been quite a bit of hand-wringing over whether these institutions really are healthy enough to return their money. But — while no one is saying the financial system is …
