Fast Money's Only Nine Bank Stocks To Own

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As we’ve been telling you, the government outlined three new initiatives to aid financial institutions amid this historic credit crunch. The most controversial aspect of the multi-part plan involves a $250 billion recapitalization, in which the government injects capital in exchange for an equity stake. In other words, the government is buying $250 billion in preferred stock from America’s largest banks and in the process is fundamentally changing the nation's historic hands-off relationship between government and the private sector.

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