Sat, May 18, 2013, 11:16 AM EDT - U.S. Markets closed
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That was a dumb comment. They obviously can't pull the offering aside from adjusting the amount or terms. I would have thought a convertible preferred offering would have made more sense.
wibc has to pay very high interest for that.wibc has no positive cash flow to pay high interest.you don't think, therefore you are.
Since when has cash flow been a problem for a bank?