Who's seeking TARP funds? The complete list
It may not be the most scintillating read, but you may be quite curious to keep up with which financial firms have announced plans to participate in the U.S. government's capital purchase program, part of the "TARP" federal bailout plan. The U.S. Treasury plans to spend up to $250-billion on equity stakes in potentially thousands of banks, using funds approved by Congress under the $700-billion bailout bill. Here's the complete list -- and it's long -- so far. We'll update it from time to time.
Just to whet your appetite, here are some of the participants relevant to the Tampa Bay area: Raymond James; Whitney Holding Corp.; Northern Trust; SunTrust; Regions Financial; South Financial Group, and Colonial Bancgroup among many others.
-- Robert Trigaux, Times Business Columnist