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2012-08-26 — americanbanker.com
``The agency is aggressively working to wind down Tarp. Through five auctions, the Treasury has recovered roughly $1.2 billion of the approximately $1.3 billion it initially invested in 37 banks. It has also recently sold $381.5 million of preferred shares it held in M&T Bank Corp. (MTB) and plans to auction off preferred shares of multiple banks that have been packaged together beginning the fall.''
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