MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
|
|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Monday, July 13, 2009 State Street Returns More TARP Money State Street Global Advisors' parent just paid back its bailout money. Bloomberg reports that State Street forked over $60 million to buy back warrants from the Federal government, following up on $2 billion in preferred shares the bank repurchased in October. According to Bloomberg, State Street's latest move makes it "the first major financial firm to exit" the Troubled Asset Relief Program. Printed from: MFWire.com/story.asp?s=22043 Copyright 2009, InvestmentWires, Inc. All Rights Reserved |