The market is full of "good/bad banks". Go with the winner. Panic drove good bank BBT to 18.75. It now trades in the 35 - 40 range almost at its pre panic peak. C is the quintessential bad bank that will come back to haunt the banking industry. Its ills were well known the banking down turn. Adding WB won't improve things much.
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The market is full of "good/bad banks". Go with the winner. Panic drove good bank BBT to 18.75. It now trades in the 35 - 40 range almost at its pre panic peak. C is the quintessential bad bank that will come back to haunt the banking industry. Its ills were well known the banking down turn. Adding WB won't improve things much.
Sep 30 10:34 am
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All Comments by helplessobserver »Of Banks and Bottoms: Not Yet [View article]