It seems that loan rules for the average person are significantly different than for banks. The banks that have received TARP money refuse or can't say how the money is being spent.
http://www.sfgate.com/cgi-bin/article.cgi?f=/n/a/2008/12/22/national/w000319S05.DTL&type=business&tsp=1

Hmmmm, wonder what would happen I if obtained a car loan and then took the money to Vegas? I'm sure the bank would have words about accountability and expect to receive a title for collateral.