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Watchdog: Regulators bowed to banks on bailout

Federal regulators bowed to pressure from big banks seeking a quick exit from the financial bailout program and did not uniformly apply the government’s own conditions set for repaying the taxpayer...

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State Bancorp buys back TARP shares

State Bancorp, the parent company of State Bank of Long Island, has redeemed all $36.8 million of its stock issued as part of the Troubled Asset Relief Program. The Jericho-based firm bought back the...

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