How I'm Using My Bailout Cash: Berkshire Bank

Reader Comments
Back to blog

What a joke! With all the millions/billions Mike Daly speaks about the stock is in the toilet and we the middle class are loosing everything. Thanks Mike..Enjoy the Tarp...I certainly was a fool for not selling this stock over a year ago...but I like so many others thought this was a fine banking institution...I should have sold the Woronoco Stock and never got involved with Berkshire Bank...You are such a disappointment...

cml of MA 7:02PM February 23, 2009

Couldnt be more blown away at the greedy disregard of this
bailout money-I too will look to do business with a different bank

of MA 9:29PM December 01, 2008

Admitting that he's using taxpayer dollars to grow his bank? Making some vague statement that "I think the government may have at one point or another encouraged people to increase their lending"?? That's the point of the so-called bailout -- or so we thought.
Obviously, there is no shame in taking taxpayer dollars as "cheap capital" and not pursuing the public interest ONE BIT. Acquisitions? Bigger deals that Berkshire Bank was too small to pitch before? That's a ridiculous use of this money.
Daly should be embarrassed. And we should all be outraged that trillions -- yes, trillions, when you include the ongoing Fed handout -- is being put up with no accountibility.

Soon-to-be-Former Berkshire Bank Customer of MA 5:21PM November 21, 2008

The lack of accountability over the bailout funds is truly alarming. With banks using the funds for acquisitions versus freeing up credit markets it seems America has been sold yet another bill of goods not resembling what was advertised. I fear that election mania has cloaked the largest fraud in history accomplished in the name of bailing out the largest fraud in history. Is there any end to this madness???

Ray Fisher of NM 10:18AM November 03, 2008