Hey i agree, like i mentioned earlier I like ASBC and still own there stock. I just have a hard time with the overall management of the organization.
Just expressing my thoughts, opinions, and what i hear in my market.
Nothing wrong with a little debating.
ASBC isa good stock;is doing ok in the current economic situation.We need team members.If you are not a team member then get out.We must all work together in this situation.We are alot better off than many other banks.
Ok, again, you say 'it was pretty much quoted' - then prove it! See, you can make all the false claims and acquisations you want, but until you can back it up, you look like a fool.
And nice job trying to stretch it and poke and prod me on 'TARP money' and the 'Mexico Trip' (actually, San Juan, but again, no shock there in me correcting you).
That's just weak man.
So answer this for me-
It was pretty much quoted from a high ranking executive that the lenders should not worry about new loans or business and just focus on reviewing thier current portofios for the OCC. Nobody is being held accountable for loan production right now.
It was also brought up that for the past three years certain regions have not had good quality of loans so to speak. The review of the OCC over the past three years have not been the greatest either. In the event these regions do not pass the OCC inspection....heads were going to roll.
Hotel, nice.....using TARP funds for that? Oh wait that must be your compensation since they put the kaybash on the trip to Mexico or where they were planning on heading his year.
You see, your comments hold no merit. I too know Lenders at Associated, afterall, there's like 1,000 of them! Knowing a lender, or 2, or 10 for that matter, doesn't give you credibility. And they should be worried about the OCC, all banks should be. The OCC is there to regulate them and make sure they're doing business as business should be done. But fret not, Associated will pass their OCC exam like they've done every other time! You cannot instill fear into the other 4 people reading this blog, because your comments are juvenile at best.
I will not, and cannot break down the $3M by region. Why would I do that? It has nothing to do with Associated infusing capital into the general public. Point is, they're doing it. Regions don't matter.
What else you got, internet smart guy?