DSX Lover

Why Private Equity Shops Are Recapitalizing Banks

Yes they have enough capital Voice of Reason. They aren't growing assets, so they don't need extra capital. They can survive fine with what they have because they are not going to take a charge off of more than 2.5% on all earning assets, and they have already put 2.23% of Loans on Reserves. Now giving it away to P/E is joke, if they want in they should pay accordingly to what the risk is. Paying for convertible stock convertible at $5, is no RISK at all, Even a Monkey would take that.