ING gets dinged

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Tuesday, October 27, 2009

ING gets dinged

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

ING gets dinged originally appeared on BloggingStocks on Mon, 26 Oct 2009 18:20:00 EST. Please see our terms for use of feeds.

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