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BB&T Corporation Message Board

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  • bankerusa06 bankerusa06 Oct 22, 2005 7:39 AM Flag

    FALLS CHURCH HAPPENINGS

    finally sounds like people are starting to get it!!! I like the past 5 posts. Very accurate.

    I wouldn't give two craps about this bank and board if it wasn't for the kool aid drinkers that still exist.

    The rest of us need to make sure that fan and stil's propoganda isn't believed by the masses.

    This bank fell apart after FVB. They are bible toting, inbreds, with an industry that has simply passed them by.

    Time to sell and get some value for shareholders for the first time in 6 years.

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    • I guess what I can't figure out is why BB&T actually has stockholders (although I have a few shares)? Does JA think that stockholders are happy with the stagnant nature of their stock? Dividend is o.k. but not great. Fact is that a person could receive a better return on local short term bonds and without the tax consequence.
      So far as the way BB&T treats employees of their "conquests", I just bet that somebody has a video copy of the speech JA gave at FVB headquarters when the merger was announced. I think it would be interesting to view the video now and compare JA's statements to the actual events of the past 3 years. I'll just bet someone has a copy.

      • 1 Reply to good_with_the_fish_hook
      • Good,

        You stated the following:"Does JA think that stockholders are happy with the stagnant nature of their stock?"

        My question is does he have to worry about the stockholders as long as the Board of Directors is happy with management?

        Just my opinion but this might be the best of both worlds for JA and company which is using someone else's money and getting big bucks regardless of performance.

        Check out the stock performance since December, 1998 and earnings per share are basically flat now for several years and yet the BOD does nothing except reward management.

        If you really want to get excited check the stockholder returns against total management pay and benefits for the last six years.

        Just my opinion, but it is all there for anyone to check.

 
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