Economy

More Than 90 Banks Miss TARP Payments

More than 90 U.S. banks and thrifts missed making a May 17 payment to the U.S. government under its main bank bailout program, signaling a rising number of lenders are struggling to meet their obligations.

And it’s getting worse. Not better.

Link: Banks: More Than 90 Banks Miss TARP Payments – CNBC.

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