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Pacific Capital Bancorp Message Board

  • abanker22 abanker22 Nov 6, 2008 8:52 AM Flag

    Earnings

     

    Ouch! Even if you take out the goodwill it still hurts! Could it get worse?

    The cash infusion from the Fed will help, but you can't continue to loose 40 million per quarter and survive for long. Which brings to mind another question; with large quarterly losses and a frozen credit market, will they be able to fund RAL in the first quarter?

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