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BB&T Corporation Message Board

  • ayscuew ayscuew Aug 1, 2010 5:48 PM Flag

    Wall Street Journal!

    "lenders still hold vast amounts of loans and repossosseded properties that are vulnerable to further losses".
    Beginning to think that I am holding a really bad stock. Is there anyone who has information that BB&T has written off a significant part of the crud that they are financing???

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    • I used to manage a branch. I had many corporate loans declined that I thought were good deals. They were extremely thorough and conservative. That being said, the construction lending area seems most likely to have issues. They did not have a strong handle on the risk that department was bringing into the bank.

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