According to Gasparino’s blog at the Daily Beast, Goldman will repay its Tarp money next week:

According to sources, Goldman appears to be furthest along in getting final approval to repay the $10 billion loan; JP Morgan would have to repay $25 billion. These people, speaking on the condition of anonymity, say one obstacle JP Morgan may be facing is that unlike Goldman, which recently converted from a securities firm into a more traditional bank, JP Morgan has been a commercial bank from the beginning and thus it has large exposure to credit-card debt and other consumer loans that may go sour depending on the length and breadth of the recession.

Another person close to the situation says people at JP Morgan feel comfortable they have convinced both the Treasury and Fed that they should be allowed to repay the money along with the first group of banks that will be allowed to do so; that announcement, these people say, could be made as early as next week.

JP Morgan CEO Jamie Dimon has made no secret of his desire to repay the TARP money, and according to people close to JP Morgan, he’s likely “to go batshit if Goldman is able to repay before he does.”

Dimon just does not have the power over the administration that Goldman has, so it looks like he will be second whether he likes it or not…

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