TEXAS: Plains Capital TARP Funds

Williamson, Richard
December 2008
Bond Buyer;12/30/2008, Vol. 366 Issue 33031, p9
Trade Publication
The article reports on the $87.6 million received by the PlainsCapital Corp. from the U.S. Treasury Department's financial rescue program in Texas. It states that the company was among the 92 local banks receiving a share of $4.7 billion issued by the Treasury. It says that the taxpayer funds will boost the bank's capital ratio, a key indicator of financial strength.


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