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Reuters: Treasury urges banks to deploy new government capital

Started by chris, October 20, 2008, 09:59:26 PM

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chris

Treasury urges banks to deploy new government capital
      


WASHINGTON (Reuters) - The U.S. Treasury on Monday began taking applications from U.S. banks interested in tapping into the remaining $125 billion in a government equity infusion program, while making clear it wants new capital loaned out -- not hoarded.<div class="feedflare">
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