Why isn't the price beginning to reflect the higher earnings everyone is sure we will have. The dividend rate seems to agree with higher earnings. The big boys must not be so sure or they'd be in for some easy returns! Yes?? I'm in 20% of my savings so I hope you all are correct. I want to see $31 so I can diversify back out for awhile.
Believe BB&T will have a good year Problem is how much of it will come from lower reserves? A ton in my opinion. Where I live they aren't building new houses and they aren't selling existing houses. Still bothers me that Kelly King's pay package doubled in 2010.
King's 200% increase in compensation is outrageous, it does however provide clear insight as to where the board's priorities lie. Doubling King's pay while increasing dividends by one cent provides the clearest indication that BB&T is beiong run for the exclusive benetfit of senior management and the board. The employees and retirees, who hold collectively a major blobk of common stock, should find some means of unifying their votes and forcing a minimum a 3-4 seats on the board.