LATEST ANALYSIS
November 4, 2008
Market Standards for Recapitalizations?: U.S. Banks get Funded
What terms and conditions should a $130 billion recapitalization (and counting) get? As the nation’s leading financial institutions take in unprecedented financing from the U.S. Treasury, this seems a narrow question, limited to the financial service sector…but it’s not. These agreements matter to the economy overall, both in terms of those things included in the agreements and those explicitly not included.
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