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May 06 2009

News Isn’t Stress Tests — It’s That Banks Can Raise $10B Now

Posted by: yahootechticker in Yahoo Tech Ticker

More important than Thursday’s stress-test results is the fact banks will likely be able to raise the capital they need from private sources, including a reported $10 billion each at Citigroup and Bank of America, says hedge fund manager and blogger Jeff

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This entry was posted on Wednesday, May 6th, 2009 at 6:04 am and is filed under Yahoo Tech Ticker. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

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