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Differences Between US and UK Bank Recapitalizations

In both cases, governments are issuing preferred stock. Sure, the terms are different -- taking on the Brit preferred incurs a steep 12%-a-year payou[...] read more »
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Smaller Banks Resist Federal Cash Infusions

Peter Fitzgerald, chairman of Chain Bridge Bank in McLean, said he was "much chagrined that we will be punished for behaving prudently by now having[...] read more »
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