MutualFundWire.com: State Street Pays Back TARP Money
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Thursday, June 18, 2009

State Street Pays Back TARP Money


State Street Global Advisors' parent, State Street Corp., said Wednesday it has repaid the full amount of the Treasury's $2 billion investment in the firm under the TARP program. Company executives said the redemption will reduce net income by about $105 million in the second quarter.


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