Lowes Companies Inc (LOW)

[I-Man]

Same with Bank of Granite in Hickory metro region for over 100 years. Everyone lost all stock value when they adapted a new age banking policy and changed formula, and went BK, and long time local folks and others who trusted "The bank as strong as granite" as WSJ would call them, invested into its stock for their retirements to see all of it gone and wiped out. I have customers here (today family helping them) who were long time dedicated employees in banking for Bank of Granite, as they only have SS income and many lost their homes and properties they had trusting their bank they worked for...

Bank of Granite filed BK, then changed and remerged as Community One Bank, and in a few years, field BK again and reorganized as Capital Bank now in the region.. (Not to be confused with Capital One Bank)... Each time, wiping out shareholders and employees who trusted their employer...