Shares of Equicredit Corp. plunged Thursday morning on fears that the Federal Reserve Board may not approve its acquisition by Barnett Banks Inc. The stock recovered later in the day, but concerns linger about the Department of Justice's probe of Barnett.

On Thursday morning, apparently responding to an article in the American Banker, investors beat the stock down by 87 cents before it closed-the day at $29.625 a share. The article detailed how the Fed and Justice Department are clashing over the latter's investigation of Barnett for fair-lending violations.

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