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Hudson City Bancorp, Inc. Message Board

  • serieswins26 serieswins26 Nov 11, 2012 9:21 PM Flag

    I think it's sad

    Here's a bank that been around since 1868, that's only 3 years after the end of the Civil War, one of the oldest in the U.S. They have sucessfully negotiated and survived WWI, the Great Depression, WWII, and everything in between and since. But just 13 years as a publicly traded company and only 7 of those as a fully converted company and they're gone! Does this show that the demands and expections of Wall Street cause these previoulsy conservative institutions to take risks that they never took in the prior 140 plus years? Makes me wonder if being a public company was the best thing for them. Any other thoughts on this?

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