This BOD which consists of seven former members of the FFHC board hasn't had the b---s to stand up for the so called "Shareholder" and slice the fat from the top down from day one of the takeover, needless to say they would have dulled alot of knives!!! Dittos on getting taken out and put in the hands of someone capable of upholding real "Shareholder Value".
Instead of venting here on the board, lets all plan to attend the stockholders meeting. How evasive can management and the BOD get when the line of questioners and angry attendees goes out the door and around the block. Make 'em sweat in front of God, the press, and everyone. Don't they have to reveal all offers in the 10K even if they were rejected? I hate reading them but I can if I have to.
Concerned every day....tick tick tick....drop drop drop...Anybody awake in Green Bay?
An honest question to anybody...
With the change in accounting taking place on 12/31/00 regarding mergers and acquisitions, I feel that a deal has to be announced before July 1st in order to close by year end. If a bank does not annouce a sale before that time, they will lose a very favorable accounting practice. That said, it leaves us only 4+ months. The clock is ticking. What happens if ASBC does nothing during this period?