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Real Estate & Property Law

: Housing Wire

Stress Tests End; Raising Money Begins

By KELLY CURRAN

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The wait is over. Stress test results reveal nine of the nation’s 19 largest banks successfully endured the government’s testing and will not require any additional capital, while the other 10 banks must boost capital levels by a collective total of $74.6bn, in order to comply with government standards, said the Federal Reserve this afternoon. Bank [...]

Full post as published by Housing Wire on May 07, 2009 (boomark / email).

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