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Commerce Bancshares, Inc. Message Board

  • wixiewaxy wixiewaxy Nov 21, 2008 1:49 PM Flag

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    To: Commerce Mgmt.
    The settlement of the Auction Rate Sec. raises questions among investors. The $500,000, in effect fine, was a result of dealing in Wall St. fabrications the bank didn't understand. We were of the opinion that CBSH didn't deal in complicated fabrications. The stock's price will be under pressure until the bank makes a public statement about the damage that it is experiencing from the current financial mess. Saying nothing results in the public assuming the worst and your stockholders will in the end suffer loss greater than the facts no matter how unpleasant they are. Please give us the facts! WW (long time stock holder)

 

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