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financial industry, banks repaying aid
(Image from article: "2 Banks Exit TARP, With More to Follow")

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Morgan Stanley posts 2Q loss of more than $1.2B

AP - Morgan Stanley said Wednesday it lost more than $1.2 billion in the second quarter as it took charges to cover continuing losses in its real estate investments and its repayment of government bailout money.

 

2 Banks Exit TARP, With More to Follow

2 Banks Exit TARP, With More to Follow

With the wiring of nearly $10 billion to the Treasury, U.S. Bancorp and BB&T became the first large financial institutions to announce that they have repaid the government in full.

 

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