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Astoria Financial Corporation Message Board

  • parkstone1922 parkstone1922 Oct 12, 2010 1:38 PM Flag

    AF - well being

    Can anyone tell me whats going on with the company? I've been a long time owner of the company and of course I'm under water with my original shares. This year I reinvested to get more shares. Also would like to know what actual customers think of their service. I live in PA so don't bank with this company. Thanks for the info. parkstone1922@yahoo.com

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    • Large investments in "Safe Securities" like FNMA and FRE preferred shares cost them dearly...

      In addition, they never had a real exit strategy in a market that is squeezing out small players left and right...

      Add some large egos, a smattering of incompetence, and a senior management group that fights change like it's the plague; and you got what you got...

      Best thing that ever happened was them buying my LISB shares for $74.....

      Thank you Jay Conefry!!!!!

 
AF
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