Something Funky Going On With Financials – Treasury Puts In Floor Price on Regional Banks
April 27th, 2009
There’s a local bank I’ve been keeping tabs on called Integra Bankcorp. Its a small regional firm that is essentially a savings and loan bank, they take in deposits and give out mortgages. Behind the scenes there is something going on, the Treasury is keeping its stock price, and likely the stock prices of many other regional banks, artificially higher. Read more…
