• US Treasury Announces Capital Purchase Program for Qualifying Financial Institutions
  • October 29, 2008
  • Law Firm: Arnold & Porter LLP - Washington Office
  • On October 14, 2008, the United States Treasury Department (UST) announced a capital purchase program (Program) available to Qualifying Financial Institutions (QFI), under which the UST will purchase Senior Nonvoting Perpetual Preferred Stock and receive warrants to acquire common stock of the QFI. www.arnoldporter.com