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Real Estate & Property Law

: Housing Wire

On Their Marks, Banks are Set

By DIANA GOLOBAY

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The countdown to see which banks’ capital-raising efforts qualify them to repay US Treasury Department funds has begun. Nine of the largest US banks will submit capital-raising plans to regulators today under a deadline set forth in the Supervisory Capital Assessment Program (SCAP). The stress tests found these banks needed additional capital to weather severe economic [...]

Full post as published by Housing Wire on June 08, 2009 (boomark / email).

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