Force a bank to accept a governmental purchase of a new class of preferred stock. Now, as the owner of this stock, the government can make demands regarding how the business is run, including, as you suggest, releasing private data to the public.

Generally you give up your right to privacy if you choose to make your situation public- which is only fair, so that others can have their version aired as well. In this case all we have is hearsay that an unnamed banking president says his bank did not need TARP money and was threatened with an audit unless he took it. First, it's hearsay. Second, we need context to judge whether he did have a liquidity problem in which case refusal of TARP money justifies an audit.

The government should not be involved in the purchase, subsidization or bailout of any private entity.

There's mounting evidence that shareholders with no stake in a local community will fleece it in the interest of short-term profit. Apart from the banking screw-up, deferred maintenance of utilities and scooping all profit as dividends rather than planned investment has become all too common. IMHO essential industries that have been vested in private ownership are likely to gravitate towards public ownership and/or increased oversight, for the rest of our lives.