Entries tagged "Flagstar"
Sometimes it pays to be a little guy. While the nine largest U.S. banks are the most well-known recipients of the government's largess, there are a good number of smaller financial institutions that received capital from the first tranche of the Treasury's $700 billion Troubled Asset Relief Plan. And as the financial storm set off by Lehman Brothers Holdings Inc. eases, those same smaller banks are quickly raising private capital in order to reduce government ownership of their businesses....
