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Hudson City Bancorp, Inc. Message Board

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  • foreverylittlething foreverylittlething Aug 27, 2012 1:32 PM Flag

    hcbk is being bought out

    its like a poker game and this was just the anti up IMO other banks will make higher offer and so will M&T . Although , they may have made it very profitable for ceo and insiders to sell on the cheap to M&T lots of perks pensions all kinds of personal gravy to agree on selling assets below fire sale prices and in a" wispher trade" to boot no competive auction unless there is lots more wrong with hudson then we know ( maybe theres tons more writedowns and so book is really much lower pro forma ? well see might go for 8.50 ish TD bank could step into t he game FOR THESE SUPER CHEAP assets getting sold for life long pensions and directors fees etc free cars etc health insurance worth millions to sell the joint on the cheap

 
HCBK
10.31-0.14(-1.34%)Jul 31 4:00 PMEDT