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GlobeNewswire (Apr 16, 2014)
GlobeNewswire (Mar 7, 2014)
GlobeNewswire (Mar 4, 2014)
GlobeNewswire (Jan 21, 2014)
GFED vs. ETF Alternatives
Monday, Jul 152013, 12:45 PM
Friday, Jan 182013, 12:45 PM
Friday, Aug 242012, 2:22 PMThe Treasury successfully unloads preferred stakes in 4 community banks, but the sale of a 5th - Guaranty Federal (GFED -2.8%) - was cancelled as the bidding didn't hit the minimum price. The auctions brought in $62.4M, less than the $67.5M investment, but throw in $12M in dividends and the taxpayer came out ahead. The 4 sales: BNCN, FCCO, FXNC, MFNC. |Friday, Aug 242012, 2:22 PM| Comment!
Tuesday, Aug 212012, 10:12 AMThe 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) |Tuesday, Aug 212012, 10:12 AM| Comment!