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Wednesday, 12/07/2011 10:14:23 AM

Wednesday, December 07, 2011 10:14:23 AM

Post# of 2485
For TNCC to move further, it needs news from FDIC or the bank itself...

Monday brought a special kind of relief rally in shares of Tennessee Commerce Bancorp, which more than doubled from their very low base after Friday's FDIC deadline to raise capital came and went without word of new regulatory sanctions. Early morning Tuesday action has them up some more, but it remains to be seen what the bank's near-term future holds: Both bank and FDIC officials declined Monday to comment on the status of the company's capital ratios and conversations they're having.

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