It's the last of the first half of the $700 billion, just before they get the other half in about two weeks.
"$4.7b to be allocated to another 92 banks; Frank says he's pushing for home-loan relief" by Globe Staff And Wire Services | December 24, 2008
WASHINGTON - The Treasury Department has provided an additional $4.7 billion to 92 banks as part of the government's $700 billion rescue of the financial system. The department listed 49 banks that got final approval Friday to receive $2.8 billion. An additional 43 banks received final approval yesterday, but those names will not be released until Monday.
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