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BB&T Corporation Message Board

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  • dhrosier dhrosier Jul 27, 2010 9:39 PM Flag

    Moody's downgrade

    Reuters article continues "... and said it may cut its ratings on ten regional banks, citing lessened government support for the institutions under new U.S. regulations."

    BBT is solid, bailout not even a thought. Could be some psychological fallout for a few because Uncle Sugar has put his checkbook back in the drawer, but for BBT that is an opportunity in the long run, no risk of failure.

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    • BB&T is a good bank, but still has too many toxic assets on its balance sheet, thus the drop in price since earnings were release. While other banks have been getting rid of bad loans, BBT has been hanging on to these troubled assets in hopes of getting a better price. Strategy backfired. Now it's going to take several quarters to play catch-up to the rest of the banking industry. BB&T's price is likely to tread water for the next 12 months. Thanks a lot you guys. I think someone needs a lesson in Banking Principles 101.

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