This is what is scary and why we may be the baby in the bath water:
http://finance.yahoo.com/q/bc?t=1y&s=BBT&l=on&z=m&q=l&c=wb
It's a chart that shows the similarity of WB and BBT share price movement. Almost identical until January when WB drops and BBT pops were bigger.
The effect on shareholders of these cash infusions is terrible. The fear is that BBT shareholder value may be similarly decimated. If it is not share price could return to 34 quickly.
With stability in the economy - nothing BBT can control - and a chance BBT can make these earnings going forward, it becomes a 44 - 50 stock on earnings and yield by 2nd qtr 2009.