Norm-Thanks for the trups lesson. I presume that BB&T was in a shoring up capital expansion mode when these were issued since they commanded such a high interest(or dividend) rate.Are any cronies involved in deals like there? Would you mind telling me what your profession is. It seems that spend a lot of time analyzing BB&T finances. Thanks again.
I'm a business owner and a personal investor. Suppose you can say I'm a day trader - average around 5 trades per day. Up about 1.5% for 2011 and have had to work hard to earn that. My track record over prior 3 years however, is very nice. Attempt to follow about 100 companies covering many different sectors.
Have a background in financial but no experience in banking. Worked for Fortune 500 manufacturing company for a dozen years. Bought one of their non-core engineering/manufacturing business as an lbo.