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Enterprising Investor

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Enterprising Investor

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Re: Enterprising Investor post# 195

Thursday, 04/23/2015 12:11:52 PM

Thursday, April 23, 2015 12:11:52 PM

Post# of 223
BNCC now needs to invest in itself.

Dividends on the TARP Preferred are eating up about 15 percent of net income. Make them go away. It is not hard to do. Liquidate some of those low-yielding investment securities and redeem the shares.

"Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, CEO of Harwood International

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