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Deadline looms for bailout applications

The Treasury has about $80 billion remaining in capital injections for companies who apply to sell preferred stock to the government. Companies must submit their applications by Friday.

The Treasury Department has already approved more than $170 billion in capital injections for banks that applied to sell preferred stock to the government. It now has about $80 billion remaining for additional participants, who must submit their applications by Friday.

Last week, E*Trade announced it had applied for $800 million in TARP money. For more on which companies are applying for bailout money, check out bailoutsleuth.com.The Treasury has about $80 billion remaining in capital injections for companies who apply to sell preferred stock to the government. Companies must submit their applications by Friday. Melanie Rodier has worked as a print and broadcast journalist for over 10 years, covering business and finance, general news, and film trade news. Prior to joining Wall Street & Technology in April 2007, Melanie lived in Paris, where she worked for the International Herald ... View Full Bio

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