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Capital Investments Continue as Firms Exit TARP 

Apr 30, 2009By

The Treasury Department invested another $121.85m in 12 financial institutions through the Troubled Asset Relief Program (TARP) as another four firms returned some $570m by repurchasing stock from the government, according to the department. The investments, made through the Capital Purchase Program (CPP), marked the latest in a series of efforts to bolster banks’ capital and provide liquidity to the financial markets.

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