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Troubled Asset Relief Program

Banks Get Approval To Repay TARP funds

9 June 2009

Earlier today, ten of the nation’s largest banks received permission from the Treasury to repay a fraction of the amounts loaned out.
I know, it’s kind of bizarre. Permission to pay back a loan early? You’d think the feds would be thrilled.
Here’s the scoop. While some of the banks were begging for funds, [...]

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