Article

2019-02-07 Economy

BB&T to buy SunTrust in biggest bank deal since 2009

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Posted by Besoeker 2019-02-07 08:13|| || Front Page|| [4 views ] Top

#1 What's in it for shareholders?

Posted by Bright Pebbles 2019-02-07 11:13|| 2019-02-07 11:13|| Front Page Top

#2 1) They get to rename the Atlanta Braves Stadium?

SunTrust Park may need a new name

sarc

Posted by Beavis 2019-02-07 11:52|| 2019-02-07 11:52|| Front Page Top

#3 I bank at BB&T. They kept their noses clean and stuck to their core business, so never got into a situation that would have put them in trouble during the 2007-2009 crisis. They refused to lower their standards to meet the bs the Fed was demanding, so the Obama Fed wouldn't let them expand branches in retaliation.

This may be a move to get more branches without having to go through the Fed and the Obama holdouts therein. Not sure if the suntrust people were honest stating their liabilities, in which case there may be trouble. I'm leaving my ESP where it is at to observe how things turn out, since my plan originally was to put everything under their roof.

The stadium? better than even chance the new management will let that go...

Posted by Ptah 2019-02-07 13:57|| 2019-02-07 13:57|| Front Page Top

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