Eight banks delinquent on TARP

  • By Business Observer Staff
  • | 5:58 p.m. March 16, 2011
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Eight Florida bank-holding companies failed to make a scheduled Feb. 15 dividend payment on preferred stock owned by the government as part of the Troubled Asset Relief Program. Three of those banks are now at least a full year behind in payments, documents released by the U.S. Treasury show.

 

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