Wed, Aug 27, 2014, 8:07 AM EDT - U.S. Markets open in 1 hr 23 mins

Recent

% | $
Quotes you view appear here for quick access.

Hudson City Bancorp, Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • catspaw33129 catspaw33129 Aug 27, 2012 11:04 AM Flag

    tangible book value at 6-30-12 was $9.08

    Legal action being considered. Click on legal action in headline news to add you name for information. Higher price will come?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • The serious issue is that the clown in charge of the bank did not manage interest rate risk very well. It has nothing to do with the quality of their loan portfolio as the resident idiot on this board incessantly implied.
      The huge problem were the loans HCBK took from Federal Home Loan Bank a few years back. Those loans carry a higher interest rate than what the bank can get from their own mortgages/other investments . A terrible mistake by greedy Hernance that has now come to roost. He walks away with millions I'm sure while shareholders get shafted and NJ loses one of its oldest financial institutions. Just another son of a beech executive who destroys a fine company and walsk away scot free.

 
HCBK
9.98+0.07(+0.71%)Aug 26 4:00 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.