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BB&T Corporation Message Board

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  • ayscuew ayscuew Mar 23, 2011 6:12 PM Flag

    Are we correct?

    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.

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    • 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.

    • "Believe BB&T will have a good year Problem is how much of it will come from lower reserves? A ton in my opinion."

      I have no problem with lower reserves if there are fewer bad loans. I think that will definitely be the case.

 
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