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Monday, November 03, 2008

Long Line Forms at Bailout Window

by Calculated Risk on 11/03/2008 01:25:00 AM

From the WSJ: Rescue Cash Lures Thousands of Banks

Treasury and banking regulators say as many as 1,800 publicly held institutions could apply for government investments in coming weeks ... thousands more private banks could apply for government capital as well, a Treasury spokeswoman said Sunday.
What a surprise ...