The latest from the Dems is that Barney Frank and John Kerry are apoplectic about Northern Trust, which took $1.6 billion in TARP money and then sponsored a PGA event last week:

Frank and 17 other Democratic members of the House Financial Services Committee said they were “dismayed and angered” by reports that the firm “hosted clients and employees at places like the Beverly Wilshire and Ritz Carlton hotels and gave away Tiffany souvenirs,” in a letter to Northern Trust Chief Executive Officer Frederick Waddell.
The Chicago-based custody bank, which received funds under the Troubled Asset Relief Program in October, sponsored the Northern Trust Open, a PGA Tour event outside Los Angeles on Feb. 19 through Feb. 22. The company hosted parties and concerts that included performances by Sheryl Crow and the band Chicago, according to the Web site TMZ.com.
Frank, a Massachusetts Democrat who is chairman of the congressional committee, and his colleagues said Northern Trust’s behavior “at a time when millions of homeowners are facing foreclosure” demonstrated “extraordinary levels of irresponsibility and arrogance.”
Reacting to the news, Massachusetts Senator John Kerry said he will file legislation to “end the extravagant spending practices of U.S. banks that received taxpayer dollars.”
“I’m sick and tired of picking up the newspaper and reading about another idiotic abuse of taxpayer money while our country is on the brink,” Kerry said in a statement issued by his office.

Odd that this anger doesn’t translate to labor-friendly industries like the Big Three and their continued sponsorship of sporting events, etc. Under their reasoning, should GM and Chrysler give the money back, too?