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The Company is the parent holding company for Abington Bank, whose business primarily consists of attracting deposits from the general public and using those funds to originate loans and invest in securities.
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GS751 (95.16) Submitted: 9/30/08 12:16 PM : Start Price: $9.68 ABBC Score: -11.60
One of those prime examples of crappy accounting, I wonder how many Long Only Investors are gonna be suprised when ABBC start's taking write off's because a lot of that agency debt imparient is really other than temporary.
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