2012-03-19 — bloomberg.com
Treasury Secretary Timothy F. Geithner is getting a boost from the Federal Reserve as he seeks to recoup taxpayer money used to bail out banks during the financial crisis.
Regions Financial Corp. (RF) and Zions Bancorporation (ZION) last week said they plan to repay money they received through the Troubled Asset Relief Program after passing Fed stress tests. The tests, designed to ensure that the largest U.S. banks could withstand another severe recession, indicate that that the two lenders are strong enough to repay TARP.
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.
