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Message: Our "new" banks

Our "new" banks

posted on Oct 14, 2008 05:57AM

...Nine major banks will participate initally including all of the country's largest institutions. Some of the big banks had to be pressured to participate in the program by Treasury Secretary Henry Paulson, who wanted healthy institutions that did not necessarily need capital from the government to go first as a way of removing any stigma that might be associated with banks getting bailouts...

Remember this.

Coyote

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