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David I. Brown Latham & Watkins LLP

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Treasury Department pooled auction initiative to sell TARP investments *

USA - July 25 2012
In 2008 and 2009, the US Department of the Treasury acquired preferred stock from more than 700 banks and bank holding companies as part of the Capital Purchase Program (CPP) under the Troubled Asset Relief Program (TARP).

Co-authors: David S. Allinson, Howard A. Sobel, Alan W. Avery.