TITLE

Fed Seeks Plans for Repayment

AUTHOR(S)
Sloan, Steven
PUB. DATE
November 2009
SOURCE
American Banker;11/25/2009, Vol. 174 Issue 212, p16
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the U.S. Federal Reserve Board (Fed) was pushing banks to figure out how they will repay government bailout money while also debating how it would straighten out its own balance sheet, in terms of drawing down its economic stimulus efforts. The Fed told nine banks that had borrowed funds through the Troubled Asset Relief Program to submit plans for repayment.
ACCESSION #
45508702

 

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