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Thursday, October 30, 2008

Colonial Bancorp Rating Cut at Fitch to BBB-

From Bloomberg
October 30, 2008 05:51 am EST

Colonial Bancorp Rating Cut at Fitch to BBB-; Colonial Sees Qualifying for $570 Million in TARP Funding, Analysts However are Doubtful; Banks That May Not Qualify for TARP are Mostly in Alabama and Florida.


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