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The U.S. Treasury will take a $7.7 billion stake in PNC Financial Services Group Inc. to facilitate its purchase of troubled Cleveland, Ohio-based National City Corp.Pittsburgh-based PNC is among the first regional banks to take advantage of the $250 billion the Treasury has earmarked to "recapitalize" banks by buying nonvoting preferred shares under the $700 billion Trouble Asset Repurchase Program, or TARP. Half of the money has already been allocated to nine of the nation's biggest banks (see Inman News story).At a hearing Thursday, Senate Banking Committee Chairman Sen. Chris Dodd, D-Conn., told Bush administration officials that he was concerned about reports that banks might use the money to fund acquisitions, rather than boost lending to businesses and consumers (see story...