Paying Back TARP: Good for Banks, Bad for Shareholders?
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Recently, Goldman Sachs, JPMorgan and others have said they plan to repay the tens of billions of dollars they received last fall as part of the government’s Troubled Asset Relief Program (TARP) as soon as possible. Investors immediately cheered the news. Shares of Goldman and JPMorgan are up 80% and 117%, respectively, since the market bottomed..
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Paying Back TARP: Good for Banks, Bad for Shareholders?
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