3
Nov
The WSJ.com is reporting that the banking bailout is luring thousands of banks to apply for some of the $700 billion the government is handing out.
Why are the banks lining up for the funds?
Now institutions across the U.S. worry that if they don’t try for the money, the market will judge them as too unhealthy to qualify, or lacking the savvy to deploy cheap government capital on acquisitions and investments.
Is this what the government had in mind when they intervened in the banking system?
Rescue Cash Lures Thousands of Banks – WSJ.com.
Tags: Banking, Credit Crisis, Fed, Treasury, WSJRelated Posts
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