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That WSJ article is only available to paid subscribers.USBanker has an interesting article that they have made available to everyone, not just their paid subscribers."Time to Sell Sour Loans? BB&T and PNC Say 'Yes'"July 2010http://www.americanbanker.com/bulletins/-1023010-1.htmlThe article is neutral in tone but with a lot of facts. Rather than risk copyright issues, and that no one paragraph gives enough to supplant the value of reading the entire article, I have chosen to not copy and paste any part here.
deros:Very good posting. As I said before, BB&T is the best of a very sorry banking industry. If the market tanks it will be because of the banks.Appreciate all the comments.
Yes - good article - gives more insight into BBT's continued conservative operations. I suppose it is what has kept them out of deep trouble and conversely out of the fast lane in post-recession.