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ING gets dinged

Posted Oct 26th 2009 6:20PM by Tom Taulli (RSS feed)
Filed under: Financial Crisis

Like many other global financial institutions, ING Groep NV (NYSE: ING) got emergency government funding a year ago -- to stave off the financial chaos. The loan amounted to about 10 billion euros.

But, according to the European Union, it appears that the assistance was a bit too generous. As a result, the powerful organization has pressured ING to start to pay back the loans.

Continue reading ING gets dinged

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