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The Treasury announces the commencement today of public offerings of preferred stock it holds...

The 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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