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IPFS News Link • Federal Reserve

Meredith Whitney: Banks will use TARP cash to cover losses over next year

11-26-08 • CNBC.com/

"We argue that the effects of these rule changes will require the banks to use up a meaningful portion of their TARP capital to build reserves for credit card losses in 2009.''

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Meredith Whitney: Banks will use TARP cash to cover losses over next year

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