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zinn21

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zinn21

Re: None

Tuesday, 02/02/2010 3:16:43 PM

Tuesday, February 02, 2010 3:16:43 PM

Post# of 257
From Yahoo Board:

"It is very unusual (and perhaps unprecedented) for the stock to get halted PRIOR to the announced seizure of our bank. Officially, the FDIC seizure occurred after the close of business on Friday afternoon, January 29 -- yet shareholders had no liquidity the entire day. Could NASDAQ be held liable for this action? Was the exchange provided advance notice of the seizure? How were they justified in halting the stock? Shareholders suffered substantial damage due to their lack of liquidity on January 29 -- and the very news of the halt could have itself caused a "run" on First Regional deposits. Something was bungled very badly here."
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