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Many small banks still struggle to repay TARP

Small Banks

Small banks still owe $11 billion of taxpayer money under TARP, and the government is threatening to unload its stakes in them at big discounts to new investors. Nearly four years after Washington bailed out Wall Street, small banks have yet to repay $11 billion of taxpayer money.

 

Stocks Pull Back After Monday’s Run

Stocks retreated as investors cashed in on their profits a day after Wall Street rallied on new details regarding Washington’s bank-rescue plans.

 

Stocks Rise Sharply at Bell

Investors respond positively to plan to remove up to $1 trillion in bad assets from banks' books.

 

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