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The Treasury announces the commencement today of public offerings of preferred stock it holds...
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Tuesday, August 21, 2012, 10:12 AM ETThe Treasury announces the commencement today of public offerings of preferred stock it holds (courtesy of TARP) in 5 banks - BNCN, FCCO, FXNC, GFED, and MFNC. The auction just started and will close Thursday. The issue warrants study as past history suggests an investment could work out well. (PR)
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