Treasury Capital Purchase Program
The Treasury Capital Purchase Program is a program initiated by the U.S Treasury in October 2008 to purchase up to $250 billion of senior preferred shares on a voluntary basis in U.S. financial institutions, as part of its efforts to provide a firmer capital foundation for financial firms and to increase credit availability to consumers and businesses.
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Bank of New York Mellon (BK) Announces $1 Billion Common Share Offering
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Stocks Rally For Second Straight Day Following Citi Rescue
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Anointed Financials Surge After Citi News (C, JPM, BAC, MER, WFC, GS, BK, STT)
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Treasury's Capital Purchase Program Price Tag Is $157 Billion and Counting

