Saturday, April 18, 2009

Treasury Reports CPP dividend for First Quarter

According to Reuters the U.S. Treasury is reporting that investments made through the Capital Purchase Program have earned $2.52 billion in dividends. This program seeks to assist in strengthening the financial sector. Secretary Geithner said, in a letter to lawmakers, that he would publish dividend data on a monthly basis so the people could evaluate the results of the program.

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Monetary Reserve

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