TITLE

Smithtown Bancorp closer to taking bailout funds

AUTHOR(S)
Glasser, Laura
PUB. DATE
January 2009
SOURCE
Long Island Business News (7/1993 to 5/2009);1/2/2009, Vol. 56 Issue 1, p13A
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article offers news briefs related to business enterprises in Long Island, New York. Bank of Smithtown has granted an approval to sell $37.8 million in preferred shares to the U.S. Treasury as part of the bailout plan. Flushing Financial Corp. has received money from the government under the Capital Purchase Program. Marcum & Kliegman LLP has formed a task force to help investors and determine that tax implications of their losses with the defamed investment adviser Bernard Madoff.
ACCESSION #
36068841

 

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