Treasury Seeks to Keep U.S. Bank Stakes After Buyback - April 17, 2009

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Icon Mini Profile mtgfixit




Joined: 13 Apr 2009

Posts: 73

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PostPosted: Fri Apr 17, 2009 9:55 am    Post subject: Treasury Seeks to Keep U.S. Bank Stakes After Buyback - Apr

Escalating federal demands on the banks have spurred institutions including Goldman Sachs Group Inc. and JPMorgan Chase & Co. to seek an early exit from the Treasury’s rescue program. The warrants issue may be the latest complication in a $700 billion effort to unfreeze credit that has sparked an outcry among both lawmakers and some bankers.
Icon Mini Profile savior70




Joined: 25 Mar 2009

Posts: 1422
Location: Florida
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PostPosted: Mon Apr 20, 2009 7:37 am    Post subject:

Hi

Could you explain this a little? How do you think it will impact the moprtgage industry?
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