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  • Moody's Wakes Up, Whacks 23 Banks [View article]
    I own BBT and was suprised to see them increase their dividend recently. At $1.88 it is very rich, near 13 to 14 % at the stock's low. Their troubled loans in Wash DC, Atlanta and Florida are well documented and CEO Kelly King is keeping a firm grip on them. Other businesses, retail banking and insurance are very profitable. Kelly is most concerned with is consumer loans with unemployment rising. BBT will survive and since I've been keeping score it has risen from the 14th largest bank to 11th. It and BAC will dominate banking the the SE USA.
    Mar 13 10:51 am |Rating: +1 -2 |Link to Comment
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