Totally agree. Why would the Fed require a profitable bank to cut their divy? The Fed has done enough damage to the economy why would they risk damaging it even further? I think some "scarry pants" threw that cut dividend crap out there and people on this board just picked it up as gospel. Even if NYB goes over the 50 Billion mark the Feds are not going to cut the div. They may have some knuckle heads in their ranks but the real thinkers in the FEDs will over ride them. Take it to the bank, the FEDS will not ask NYB to cut the divy.