Thursday, November 20, 2008

Carlyle Funded Bank Also Gets Treasury Money

Boston Private Financial Holdings Inc. will get $150 million in capital through the Paulson "Bailout" program. This comes on top of $173 million Boston Private raised in July from private investors, including $75 million from the Carlyle Group.

According to Chris Carey at BailoutSleuth, the total number of institutions that have been selected to receive taxpayer money from Paulson's $250 billion program is now just beyond 70.

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