Morgan Stanley, JPMorgan, Goldman Said to Apply to Repay TARP

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Published in Bloomberg, May 19, 2009 by Christine Harper and Elizabeth Hester

Goldman Sachs Group Inc., JPMorgan Chase & Co. and Morgan Stanley applied to refund a combined $45 billion of government funds, people familiar with the matter said, a step that would mark the biggest reimbursement to taxpayers since the program began in October.

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