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The Bank Term Funding Program, rolled out by the central bank on Sunday night, offers par value for underwater securities that banks pledge to obtain short-term loans. Industry insiders expressed optimism on Monday that it will buy time for institutions that have been hit by rising interest rates.
Life in Maine is a blessing, but it’s not a privilege to be granted by those who grasp a vision of the past that never was.
Some Scarborough voters will also vote in a Democratic House primary and all residents will weigh in on a new school budget, as will voters in South Portland and Cape Elizabeth.
The election will be at Scarborough High School from 7 a.m. to 8 p.m.
Maine uses more power from carbon-emitting sources than our clean-energy profile suggests.