Latest Developments: Update on the US Capital Purchase Program and TARP With each week we see new developments in the US Government's response to the current crisis, and adjustments to the way in which the funds available under TARP are to be applied. On Friday, November 14 it was announced that the capital purchase program will be opened up to private banks. What other developments can we expect to see in the weeks ahead? For those institutions intending to participate in the program, what are the practical steps that are involved and the lessons that can be learned form those who have already gone down this path? Please join us for a 30-minute teleconference, the next in our continuing series on the crisis, which will address such topics as:
- The expansion ofÿ the capital purchase program to include private banks
- The process of obtaining capital
- Where next for TARP?
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