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October 30, 2008 · 5:09AM

Treasury Funds To Pay Bank Dividends [ANALYSIS]

U.S. banks scheduled to receive $163 billion as part of the U.S. Treasury’s recapitalization plan are on pace to use roughly 52% of that sum for dividend payouts, despite earlier insistence from U.S. lawmakers the banks should strictly use the funds to boost lending. (Washington Post)

Categories: Business & Finance Today · Financial Services · Markets, Economic News

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