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Updated:March 2, 2009

Analysts see U.S. government's move as a net positive for banks

Reuters
By Sweta Singh and Neha Singh
February 26, 2009

Excerpt:

The CAP plan is also largely as we expected, and is good news, in that the government is not going to blindly jam common (equity) into banks without knowing which will ultimately need it," Fox-Pitt analyst David Trone said.

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