Dividend Analysis: State Street Corporation [View article]
Until State Street settles the various bond fund lawsuits, I don't know how anyone can recommend the stock. If your business is managing pensions and you have numerous conservative companies suing you for mis-management of pensions then how can it be a "buy." In addition, the amount involved in the lawsuits would seem relatively minor but maybe State Street is not settling because they have less liquidity than they claim.
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Until State Street settles the various bond fund lawsuits, I don't know how anyone can recommend the stock. If your business is managing pensions and you have numerous conservative companies suing you for mis-management of pensions then how can it be a "buy." In addition, the amount involved in the lawsuits would seem relatively minor but maybe State Street is not settling because they have less liquidity than they claim.
Aug 18 16:27 pm
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