This all sounds pretty shady and pretty believable. It makes me think then CEO graduated from the Enron school of accounting. It makes me want to see him fail miserably, which means I can’t root against him and for the stock. I think I will stay away.
Hi PuddinHead. I read it too and had the same reaction. Where did my lovable wonderful little bank go. Involved in all these shady deals. (This one is clearly documented). It’s like a feeling of being personally betrayed by a company you had been in love with. Oh well…
Saul