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Corporate & Securities Law

: Business Law Prof Blog

TARP II Terms: The New Bank Bailout Program

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Treasury today issued the terms for its new Capital Assistance Program (CAP) for handing out TARP funds. There are some very interesting wrinkles. First, the government will purchase funny convertible preferred stock instead of preferred stock and warrants (on common)....

Full post as published by Business Law Prof Blog on February 25, 2009 (boomark / email).

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