Treasury Funds 'Going Out The Door' To First 9 Banks
The $125 billion will “go out the door” to the nine major banks this week, under the department's capital purchase program, Treasury Assistant Secretary for Financial Institutions David Nason said on CNBC television Monday morning.
“We executed the agreements for the nine institutions late last night,” Nason said on CNBC.
The scheduled release of funds is the...
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