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| Citigroup left in sticky situation (at FT.com) December 3, 2009 at 5:50 pm |
| Citigroup is set to intensify efforts to break free from the US government shackles on pay and management following Bank of America's decision to return $45bn in bail-out funds. |
| Bank of America sets bar for TARP firms (at MarketWatch) December 3, 2009 at 3:04 pm |
| Bank of America's surprise decision to pay off a $45 billion TARP investment it got from the government during the financial crisis may set the framework for the rest of the nation's banks which still need to pay back the taxpayers, analysts said Thursday. |
| Rates on 30-year mortgages set new record low (AP) December 3, 2009 at 2:36 pm |
| The average interest rate for a 30-year mortgage dropped to a record low of 4.71 percent this week, pushed down by an aggressive government campaign to reduce borrowing costs. |
| Rates on 30-year mortgages set new record low (AP) December 3, 2009 at 10:38 am |
| The average interest rate for a 30-year mortgage dropped to a record low of 4.71 percent this week, pushed down by an aggressive government campaign to reduce borrowing costs. |
| Bank of America to repay TARP (Reuters) December 3, 2009 at 8:08 am |
| Bank of America Corp said it would repay $45 billion of taxpayer bailout funds, a move that could free the top U.S. lender from pay curbs as it looks to hire a new CEO but also makes it more vulnerable to further economic shocks. | | |
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