Relevant:
- Treasury Fails to Sell Tarp Shares in Guaranty Federal
- Treasury Department to Auction Stakes in Seven Banks
- U.S. Taxpayers May Reap $3.17 Billion in TARP Auction
- Strong banks, weak credit: Treasury rethinks TARP
- TARP Investigator: The Treasury Is Using Unusual And Misleading Accounting Practices To Hide TARP Losses
2012-08-18 — americanbanker.com
``They are BNC Bancorp in High Point, N.C.; First Community Corp. in Lexington, S.C.; First National Corp. in Strasburg, Va.; Guaranty Federal Bancshares in Springfield, Mo.; and Mackinac Financial Corp. in Manistique, Mich.
The Treasury plans to start Dutch auctions as early as Tuesday. It started conducting auctions this year and recovered $265 billion from the $245 billion it initially invested, the agency said Friday. There are 304 banks still in Tarp.''
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