“There are 7,000 banks out there, and a big number of them still have outstanding TARP preferred stock,” said Ford, who’s not related to either the late U.S. president or the auto clan. “Somewhere in there is another opportunity to recapitalize a bank. We’ve bought banks for 37 years. Except from 2002 to 2010, we never went three years without buying a bank.”
It will have to be a large bank that still owes TARP.
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