Posts for Ticker ‘WFSL’

Second Line Banks Line Up For TARP Bailout Money (FITB, HBAN, KEY, NTRS, WFSL)

Broken_merger_torn_moneyThis is one of the first rounds of the regional banks formally getting in line and formally receiving approval to participate in the $700 billion government TARP bailout package.  Prior to this it had been the major banks and brokers which had been given clearance.  Many of the healthy banks seem to be cautious to participate, but they also fear missing the boat in case things get far worse for them and they didn’t get in on the take. 

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Posted on: October 27, 2008 – 7:32 am in Banking, Economy, Financial Stocks, , , , ,