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Bailout
: Calculated RiskState Street: No Capital Needed
By Anonymous
Now, from the WSJ: State Street Doesn't Need to Boost Capital
State Street Corp. does not need to boost its capital levels as a result of the government's recently concluded stress tests ...The stress test results will be released at 5 PM ET.
UPDATE: Morgan Stanley to raise $5 billion through stock, debt offerings
Wells to sell $6 billion in new common stock
Full post as published by Calculated Risk on May 07, 2009 (boomark / email).
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