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BB&T Corporation Message Board

  • matollionequay matollionequay Jan 21, 2009 8:52 PM Flag

    Pondering some facts

    State Street, Barclays(digesting Lehman), and NTRS are listed among the top owners of BBT. Do you think State Street may have been a seller lately?

    The recent negative opinions on BBT center on Florida and Georgia markets. Florida loans were made in accordance with what we have been told were reasonable underwriting guidelines. In other words, BBT loan officers making loans to people they thought would repay. However, the Georgia book of business was engineered by a different organization that we now own. Had their loans been significantly written down before they came onto BBT's books?

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