{"id":8843,"date":"2008-10-14T00:00:00","date_gmt":"2008-10-14T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"treasury-said-to-invest-125-billion-in-us-banks","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2008\/treasury-said-to-invest-125-billion-in-us-banks.html","title":{"rendered":"Treasury Said to Invest $125 Billion in US Banks"},"content":{"rendered":"<p>Bloomberg &#8211; The Bush administration will invest about $125 billion in nine of the biggest U.S. banks, including Citigroup Inc. and Goldman Sachs Group Inc., in the government&#8217;s latest attempt to shore up confidence in the financial system.             <\/p>\n<p>The proposed cash injections in exchange for preferred shares are part of a $700 billion rescue approved by Congress and follow similar moves by European leaders to unfreeze credit markets by helping beleaguered banks. The other companies are Wells Fargo &amp; Co., JPMorgan Chase &amp; Co., Bank of America Corp., Merrill Lynch &amp; Co., Morgan Stanley, State Street Corp. and Bank of New York Mellon Corp., said people briefed on the plan.     <\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=newsarchive&#038;sid=aJL5d3W9UWOs\" target=\"_blank\" title=\"Read Complete Article\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; The Bush administration will invest about $125 billion in nine of the biggest U.S. banks, including Citigroup Inc. and Goldman Sachs Group Inc., in the government&#8217;s latest attempt to shore up confidence in the financial system. The proposed [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[646,523,2348,521,2796,419,520,2857,926,925,230,1779,870,133,103,101,3157,787,568,2770,436],"class_list":["post-8843","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-arthur-sulzberger","tag-asset-managers","tag-bank-loans","tag-de-janeiro-brazil","tag-dealer-operations","tag-default-status","tag-financial-services-giant","tag-fullman","tag-goldman-sachs-group","tag-goldman-sachs-group-inc","tag-institutional-marketing","tag-international-assets","tag-onshore","tag-paul-touradji","tag-pergam-finance","tag-raanan-agus","tag-rvc","tag-starting-a-hedge-fund","tag-trade-weighted-index","tag-watchful-eye","tag-winton-capital-management"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8843","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=8843"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8843\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=8843"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=8843"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=8843"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}