The bailout money came from the Troubled Asset Relief Program, a program that was set into motion to help the financial industry in the United States and attempt to cushion the blow of the economic downturn.

In a press release, Morgan Stanley stated that they believe the Troubled Asset Relief Program was a success.

Morgan Stanley is pleased to be repaying its $10 billion in TARP capital with an attractive return for taxpayers.  We believe this positive development reflects both Morgan Stanley’s strong capital position as well as the important systemic role the TARP program played in helping stabilize the U.S. banking system since the height of the financial crisis.  After exiting the TARP program, Morgan Stanley will continue working closely with the Obama administration, elected officials, our regulators and our peers on the best possible framework to ensure the safety and soundness of the U.S. banking system.

One reason why companies are rushing to repay the federal bailout loans is due to the fact that many companies are afraid that the federal government may place stringent standards and policies — including employee pay limits and regulation.

Morgan Stanley (Image: Flickr)

Post from: EveryJoe

Morgan Stanley to Pay Back Bailout Loans