In an effort to increase America’s credit-flow, the Treasury Department will begin to distribute $125 billion to nine of the country’s largest banks this week. This marks the first wave of spending for the $700 billion economic stabilization package, and is designed to aid in shoring-up battered balance sheets in the hopes that normal lending will resume. Monday’s session was a volatile one, though major indices were mostly up after 12pm edt. With so much happening all at once, it promises to be an action-packed week in finance to say the least.
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