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October 27, 2008 · 6:22AM

Bailout Cash To Reach First U.S. Banks This Week

David Nason, the U.S. Treasury’s Assistant Secretary for Financial Institutions, confirmed Monday the first $125 billion of the government’s bank recapitalization program was executed with nine major banks Sunday and “will go out the door for those institutions early this week.” (CNBC, Video)

Categories: Business & Finance Today · Financial Services

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