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October 30, 2008 · 8:29PM

ABA Requests Deadline Extension For Capital Plan

The American Bankers Association sent a letter to U.S. Treasury Secretary Henry Paulson requesting a deadline extension to participate in its recapitalization plan.  The lobby took issue with the program’s dividend restrictions and expressed concern it will stigmatize healthy banks. (American Banker)

Categories: Business & Finance Today · Financial Services

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