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    US may convert rescue loans to equity stakes

    21.04.2009 - 00:00 | Son Güncelleme:

    NEW YORK - White House and U.S. Treasury officials said they may convert the government’s bailout loans to the nation’s 19 biggest banks into common stock to make more capital available to the lenders without adding to the $700 billion rescue fund, the New York Times reported, citing unidentified officials.

    So-called stress tests by federal bank regulators are expected to show in coming weeks that several lenders need to raise their capital by billions of dollars each, the report said.

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