Good Number Of Banks Want Equity: Paulson


	Good Number Of Banks Want Equity: Paulson

Forbes Markets

10-16-2008 10:37 AM

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banking, bank recapitalization, henry paulson

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/7737579d-0e4b-44b2-9872-fcb81124861e/3CE05493-CB7B-48B4-A217-079D6CA16FA6/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.reuters.com/article/newsOne/idUSTRE49F5TD20081016" href="http://www.reuters.com/article/newsOne/idUSTRE49F5TD20081016" style="font-size: 11px;">www.reuters.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.reuters.com/article/newsOne/idUSTRE49F5TD20081016"><P>Treasury Secretary Henry Paulson on Thursday said that there were plenty of other banks interested in an equity injection under the government's $700 billion financial rescue plan.<SPAN id="midArticle_byline"></SPAN></P><SPAN id="midArticle_0"></SPAN>
<P>"We got nine banks to sign up initially and we're going to be going out broadly. And you know, we have we have interest from a good number of other banks,"</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/3CE05493-CB7B-48B4-A217-079D6CA16FA6/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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