Banks’ â€˜catatonic fear’ means consumers don’t get relief

As the new owner of $172.5 billion of preferred shares and warrants in 208 U.S. financial institutions, the Treasury Department hasn't succeeded in thawing frozen credit markets, leaving taxpayers propping up an industry that won't lend to them. While inter-bank lending rates have fallen since Congress approved the $700 billion Troubled Asset Relief Program on Oct. ...

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Banks’ â€˜catatonic fear’ means consumers don’t get relief

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