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First Bancorp Long Hauls Interest Rate Swaps (FBP)

by: George Gutowski May 18, 2006 | about: FBP    
About this author:
First Bancorp (FBP)announces that they will be accounting for interest rate swaps using the long haul system. They are in the process of restating their financials.

Comments in the press release are preparing investors for ugly numbers.

FBP 1-yr chart:

FBP chart

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