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Douglas Leech, the founder and chief executive of Centra Bank, a small West Virginia bank that participated in the capital assistance program but returned the money after the government imposed new conditions, said he complained strongly about the Treasury Department's decision to demand repayment of the warrants.
–Capital Assistance Program: We're going to invest more in undercapitalized banks, but we won't call it nationalization.
–Capital Assistance Program: Treasury has also launched a new capital program, including a forward-looking capital assessment undertaken by bank supervisors to ensure that banks have the capital they need in the event of a worse-than-expected recession.
This plan includes four principal elements: First, a new capital assistance program will be established to ensure that banks have adequate buffers of high-quality capital, based on the results of comprehensive stress tests to be conducted by the financial regulators, including the Federal Reserve.
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With that sort of idea in mind, Mexico in 1999 created an ambitious legal assistance program to aid its citizens in capital cases.
The Technical Assistance Program in itself does not provide the direct financial assistance for capital investment which a great many development schemes will require.
WASHINGTON — Treasury Secretary Timothy F. Geithner said on Wednesday that the administration would provide a new round of capital assistance for smaller banks and would increase the amount that they can borrow from the program.
Mr. Geithner announced on Wednesday that the administration would provide a new round of capital assistance to smaller community banks, and would increase the amount that they can borrow from the program.
In New York City--the capital of the nation's banking industry--39industry--39industry--39percentarely members are on some form of public assistance program.
star, sought help through the assistance program.
Some went for retraining through the government assistance program.
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