Treasury: 10 Banks Can Repay TARP Billions

"Freedom!" yelled Mel Gibson, as William Wallace, in the famous scene from "Braveheart." Such a cry might be echoing around the offices of some of the nation's biggest banks after they got the green light from the government to repay bailout money. The Treasury Department announced today that 10 of the country's 19 stress-tested banks can now pay back $68 billion in federal funds received as part of the $700 billion Troubled Asset Relief Program, or TARP. In a written statement, Treasury...Full Story
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