News tagged with “stock purchases”. Found:
2 tagged news reports.
Your Search Returned 2 tagged news reports
SunTrust Banks to receive $3.5B from Treasury
New York :: NY :: USA | about 1 year ago
Credibility
The bank said it plans to use the capital to expand lending and other business capabilities, and may also explore potential acquisitions. "Our participation in the Capital Purchase Program enhances SunTrust's already solid capital position and will permit...
Tags: 700 billion, Treasury, billion financial, stock purchases, financial rescue, large financial, financial companies, rescue package, package passed
Paulson says stock purchases should make money
Washington :: DC :: USA | about 1 year ago
Credibility Treasury Secretary Henry Paulson says government purchases of stock in banks represent an investment that should eventually make money for taxpayers. Paulson said Monday the government will own shares in the banks that should be paid back with a reasonable...
Tags: paulson, Henry Paulson, Mr. Paulson, Treasury Department, Department of the Treasury, secretary henry, treasury secretary, financial institution, cost taxpayers, stock purchases
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