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Guarantee Program Increases Lending … For Some

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June 18, 2009 – The latest FDIC report on its Temporary Liquidity Guarantee Program, released yesterday, shows that only 101 financial institutions have actually issued debt. When the program launched last year, over 8,000 opted in. The report also shows that the total amount of debt issued is about $346 billion, while the potential total cap for the program is $785 billion.

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