Goldman, JP Morgan, Morgan Stanley Apply For TARP Exit
20 May 2009
NEW YORK: Goldman Sachs Group Inc., JP Morgan Chase Co. and Morgan Stanley applied to repay the combined $45 billion they received in October from the government�s Troubled Asset Relief Program, said a spokesperson of the U.S. Federal Reserve Bank However, the Reserve Bank has not yet taken any decision on the requests of these three New York-based banks.
