Paulson gives bank-plan details, says purchases should make money

US banking regulators and US Treasury Secretary Henry Paulson Monday encouraged financial institutions to seek capital from the government, outlining a streamlined process by which institutions can apply to be part of a $250bn ((€187.6bn) capital injection program announced last week.

Paulson stressed the capital purchases are an investment and not an expenditure.

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Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump