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U.S. Department of the Treasury

Pinnacle to raise $100M

Offering will lift shares outstanding by 30 percent; cash expected to pay off TARP

Local stocks follow bank-led rally higher

Six companies jump at least 10 percent

Area housing fund in line with new Obama plan

Group targeting distressed assets has commitment for $20M from private sources

Morning Links: 26 November 2008

How the economy is making us sick, Pinnacle will get its Treasury cash, the nitty gritty on CBRL's debt load, locals keep up fight for U.S. Sugar, and more...

Franklin bank huddles under the TARP

$30M injection to help fuel loan growth

Morning Links: 25 November 2008

Home builder passes us over for back-office project, McLean creditors miss out on insurance proceeds, Nissan bails on auto shows, Genesco's Q3 falls short, and more...

Pinnacle wants a piece of the TARP

Bank applies for almost $100 million in capital

Morning Links: 27 October 2008

Another big local banking player signs on with Treasury, the state's political balance of power, Vought layoffs in Carolina, and more...

Housing Fund snags federal cash

Treasury money to bulk up loan pool, fund training program


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