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Lloyds Bank to Test the Waters for Rights Issue

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2009-11-01

" Looks like Lloyds Banking Group’s (LLOY) will get a shot at buying its way out of the UK Government’s bank bailout scheme, with a significant assist from the government itself. As reported previously on Research Recap, the chances of the bank being able to pull this off got a boost from Citadel analyst Joseph Dickerson’s bullish call on Lloyds more than a month ago."

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