Banks keep defending the decisions that they are making to send employees on retreats, and for other expenses. Their defense always states, "we aren't using bailout money for those costs".
What they aren't understanding is that the bailout money is keeping the entire business running. Every penny they have is all in one pot, it's not separate. If the bailout money were not there, then they would not be able to do these things because they'd need to use it to keep the real business going, it should be the same way now. The bailout should not be getting used as the only thing keeping the business running while the rest of the money goes to other niceties.