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SunTrust Banks, Inc. Message Board

  • ani4ani2011 ani4ani2011 Jan 8, 2013 12:00 PM Flag

    WHY WONT SUNTRUST DISCLOSE ITS PORTION OF THE SETTLEMENT???

    all the other banks did. What if their portion is $500mm and they take it in Q4...that changes things.

    The only press release yesterday was for another capital raise through floating rate bonds.

    So, they sell KO stock at $40yr div loss
    they do a preferred offering a few weeks go for $500mm at a $30mm a yr expense
    now they do yet another capital raise?

    #$%$ is going on with this dog. They preach cost cutting and all they are doing is secondaries.

 
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