Whenever a BBT executive speaks about their business, they say things are going pretty well. Unless they are lying, this is a good investment at $26. Another example:http://www.dailymail.com/Business/200812250070
Nice article, thanks. I never thought about this angle either. You can almost sense the anger in his voice...."I'll tell you what the TARP money has also done," Denham said. "It has essentially propped up a number of acquisition prospects that might have been available to us."
TARP has loaned BBT $3.8 billion. It would be nice to know what we are going to do with it. We could put it into savings and use our money to buy-back stock.