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Repurchases of senior preferred stock held by Treasury: a critical decision for CPP participants

  • Alston & Bird LLP
  • -
  • USA
  • -
  • May 11 2009

The repurchase of senior preferred stock sold to the U.S. Treasury Department under the Capital Purchase Program (CPP) is coming to the forefront as a critical and possibly unavoidable decision for every banking organization that has participated in the CPP