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06/13/09
10 banks to return $68 billion
Filed under: General, Business
Posted by: Lillian Wong @ 5:26 pm

WASHINGTON - Ten of the nation’s biggest financial companies got a green light Tuesday to return $68 billion in federal bailout money, freeing the banks from limits on executive pay and leaving the government with a small gain on the rescue cash.

While the paybacks could be a signal that the banking industry is stabilizing, analysts say it is far from a clean bill of health.  more…



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