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New Stress Test For The Big Banks

Monday, January 10, 2011 - 7:57 AM
From the Wall Street Journal:
Nineteen big banks that underwent government stress tests in 2009 were to submit new capital plans to the Federal Reserve by Friday to be eligible to raise their dividends or repurchase stock.

Some of the banks mentioned in the article that still haven't repaid TARP funds and will probably not be allowed to raise their dividends include SunTrust, Regions and Key.
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Ken TuminKen Tumin5,469 posts since
Nov 29, 2009
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