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State Street: A Follow-Up Recommendation

I would not buy this stock until this bucket shop makes good on the bond fund law suits involving the pension funds State Street was purportedly managing.

Dividend Analysis: State Street Corporation

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.