Some see bailout auctions shorting U.S.

Treasury’s acceptance of losses as small banks exit program draws criticism

Posted: December 8, 2012 at 2:55 a.m.

At 9 a.m. on Nov. 30, the Treasury Department began auctioning off its shares in seven community banks scattered across the country. Each of these institutions had taken money from the government in 2009 during the financial crisis.

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Business, Pages 30 on 12/08/2012