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BB&T Corporation Message Board

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  • nobankersplease nobankersplease Nov 3, 2011 1:40 PM Flag

    stupid move

    it is not that they can't grow organically, they just choose not to (or are too stupid in credit). They want more spread, more collateral, more covenants, more cross selling, more something for nothing and if they cannot get it from their traditional base of retail borrowers (who are now all broke) they wont make any loans...and they then sweat all their legacy borrowers to pay off their existing loans. King calls it "lending to creditworthy borrowers", but rather it should be called "welfare for banks" or "the Sopranoization of the banking industry".

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