The Home Front

16 Regional Banks Getting Treasury Bailout Cash

By Luke Mullins

Posted: October 27, 2008

Here's a look at the regional banks in line to get capital infusions from Treasury under its plan to buy equity in U.S. financial institutions.

Company Capital
1. PNC $7.7 billion
2. Capital One $3.55 billion
3. SunTrust $3.5 billion
3. Regions $3.5 billion
5. Fifth Third $3.4 billion
6. BB&T $3.1 billion
7. KeyCorp. $2.5 billion
8. Comerica Inc $2.25 billion
9. Northern Trust $1.5 billion
10. Huntington $1.4 billion
11. First Horizon $866 million
12. City National (CA) $395 million
13. Valley National (NJ) $330 million
14. United Commercial (CA) $298 million
15. Washington Federal (WA) $200 million
16. First Niagara (NY) $186 million

BE PAITIENT

not so fast... although i had thought this "bailout" was supposed to buy bad mortgages, don't expect everything to be fine tomorrow... we got elections and bad banks to buy up obviously... ...

i wish they would had stuck to the original plan and maybe they are, but i'm really tired of uneducated, uninformed opinions of the proletariat on this subject...

this crisis is every bit the fault of ant-immigrant, minimum wage raising, union organized, credit eyed americans and not so much the men and women who tried selling people homes...

of @ Oct 28, 2008 14:35:18 PM

JPMorgan Bailout

Am I the only one who thinks the American taxpayer is being made the biggest FOOL in history with these bailouts? These banks are basically taking our money and refusing to help our economy by doing the lending needed to save companies and JOBS! We then have the audacity to try to get other countries to become democratic and follow our capitalistic example which is taking the good old USA straight into Hell, in my opinion! The cowards at the Federal Reserve need to do what it takes and refuse to give out any more of our tax dollars for bailouts unless they get a WRITTEN document stating the banks will use the money for the intended use to help our nation survive! Are we just waiting for another GREAT DEPRESSION for them to do their jobs?

Disgusted! of KY @ Oct 28, 2008 14:23:25 PM

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The Home Front

The Home Front

Associate Editor Luke Mullins tracks the treacherous housing market and explains how to unload a five-bedroom McMansion or even find that dream home.

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