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Real Estate & Property Law

: Housing Wire

Putting TARP to Work

By DIANA GOLOBAY

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Banks can now use US Treasury Department capital acquired through the Troubled Asset Relief Program (TARP) toward their Tier 1 capital. This boosts capital ratios and puts TARP money to work not only as a liquidity injection but also as a potential lift to the same capital ratios studied by regulators as part of the government-initiated [...]

Full post as published by Housing Wire on May 22, 2009 (boomark / email).

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