Bonded Beach

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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