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Treasury gets $30M from sale of SunTrust warrants

The Treasury Department says it has sold nearly 18 million warrants it holds in Atlanta-based SunTrust Banks Inc. The sale helped the government recoup taxpayer money from the $700 billion Wall Street bailout. The department says it will receive $30.1 million from the sale. A warrant gives the purchaser the right to buy SunTrust stock… Continue Reading Treasury gets $30M from sale of SunTrust warrants