Word: wednesday
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...officially not due until Nov. 14. And the Treasury Department has confirmed only a few of its investments. Moreover, taking government funds will force the firms to restrict executive compensation as well as make it tougher for them to increase their stock dividend. So some banks may pass. On Wednesday, officials of the Bank of Oklahoma said they would not tap the TARP program, adding that the bank was well capitalized...
...dozens of large and small banks have already announced that they have received or expect to receive a capital infusion from the $700 billion bailout fund. Nearly a third of the fund has already been spent, and Treasury Secretary Henry Paulson said on Wednesday that he would like to use some of the remaining money to support the ailing market for such consumer debts as credit cards and college loans, as well as to prevent foreclosures. That leaves a dwindling fund left for the hundreds of banks still hoping to get TARP funds. Analysts and investors are growing concerned that...
...think we have some injuries where guys are going to be able to come back from, and then we have a couple that I’m not sure about.” The Crimson will look to get healthy quickly. The team opens regular season play next Wednesday at New Hampshire. —Staff writer Walter E. Howell can be reached at wehowell@fas.harvard.edu...
Certainly Crist isn't happy about John McCain's loss in Florida, especially since he endorsed McCain in the state's primary. But when Crist convenes the Republican Governors Association conference on Wednesday, which is being held in Miami this year, he won't be quite the damaged political goods that many McCain supporters are trying to paint him as. In fact, Crist and other bipartisan Republican governors may well be the model for how the GOP should rebuild itself after the crippling losses of both 2006 and 2008. (See pictures of John McCain's campaign farewell...
...Court, arrested on corruption charges that include money laundering, embezzlement, bribery and forgery. In August, Chen admitted that his wife had wired $20 million in leftover campaign funds overseas earlier in the year, but he denied engaging in money laundering. After an overnight session with prosecutors, judges decided on Wednesday morning to take Chen into custody to prevent him from colluding with other suspects...