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Geithner says banks must modify loans: sources
(Reuters)

February 7th, 2009 · No Comments

Treasury Secretary Timothy Geithner (R) speaks with House Speaker Nancy Pelosi (D-CA) during a meeting in her office on Capitol Hill, February 4, 2009. (Jason Reed/Reuters)Reuters – Treasury Secretary Timothy Geithner on Saturday told lawmakers that financial institutions that receive government assistance will have to make loan modifications and meet other new standards, according to Democratic sources.




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[Source: Yahoo! News: Business]

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