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Wells Fargo to Buy Back $1.3 Billion in Auction Debt

San Francisco-based Wells Fargo agreed to buy back all auction rate securities it sold through its brokerage unit before Feb. 13, 2008, the association said in a statement. The bank also will pay a $1.9 million fine and reimburse investors who sold their holdings at a discount after the market collapsed.

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etfguy

11/19/2009

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11/19/2009

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