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Wells to offer $10 billion in stock, half what was expected 
latimesblogs.latimes.com | by Tom Petruno | Wed, Nov 5
latimesblogs.latimes.com is the #1 Blogger for United States Department of the Treasury
Wells, long one of the strongest of the biggest U.S. banks, had said it didn’t need the government’s money, which was in the form of a preferred stock investment that would pay the Treasury 5% a year in dividends. But Treasury Secretary Henry M. Paulson insisted that all the nation’s biggest ba...
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