InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,127.79
(
1.26%
)
US TECH 100
17,442.00
(
2.14%
)
Dow Jones
38,675.68
(
1.18%
)
Brent Oil
82.77
(
0.00%
)
Bitcoin
62,972.32
(
0.13%
)
Post# of 277
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

56Chevy

Send PM Follow Ignore
Followers 129
Posts 5085
Boards Moderated 1
Alias Born 04/10/2008

56Chevy

Member Level

Re: bababooyah post# 217

Tuesday, 02/11/2014 4:06:52 PM

Tuesday, February 11, 2014 4:06:52 PM

Post# of 277

Holding company is getting $4.77 million....isn't that about 25 cents per share for commons?

Whoa! Shareholders are the last guys in a long line.

Here is what creditors are owed before equity holders see a dime:

• Wells Fargo Bank N.A. $17.79 million

• Wilmington Trust Co. $12.17 million

• Wells Fargo Trust $11.5 million

• Bank of New York $7.29 million

• Wells Fargo Bank N.A. $6.99 million and

• Wilmington Trust Co. $5.66 million

After these guys divide that measely $4.77MM what do you think will be left over for shareholders??

http://www.bizjournals.com/baltimore/news/2014/02/11/wells-fargo-tops-first-mariner.html








Learn something new every time you invest...and take it with you to the next opportunity.

Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up