levin70

Three TARP Banks Already Classified as Deadbeats? Uh-Oh

Tom:

What about mis-management at the three banks in question? Why is that not listed as a possibility? It may not be that the world is falling apart for small and regional banks, it could be that for the three banks in question, that they have made bad lending decisions and now see the fruit of their mis-management come home to roost.

You've jumped to a conclusion that small and regional banks are in trouble (all of them) based on the results of three small banks.

Thats the equivalent of me picking three pink sheet stocks that I think will go down 20% and saying that I thought the entire US stock mareket would have to go down also as a result. Its simply not a valid argument.

Regards