Wednesday, March 7, 2012

Treasury winds down bank bailouts with $29M outlay

Treasury Department says it has pumped $29.3 million into 10 banks, which will be the last to receive investments as part of the taxpayer-funded program to shore up the financial system.

The aid comes from a $700 billion financial bailout program created last year during the height of the financial crisis.

The investments in the 10 banks …

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