News Focus
News Focus
Followers 129
Posts 5157
Boards Moderated 1
Alias Born 04/10/2008

Re: vpagano post# 81

Monday, 02/27/2012 3:52:23 PM

Monday, February 27, 2012 3:52:23 PM

Post# of 206

FWIW, just noticed the top 3 holders collectively have almost 25%

"almost 25%". huh. Not that it seems to matter on the surface but ironically under the BHCA, investments of up to 24.9% are allowed in any class of voting stock of a bank without finding the investor to be in “control” of the bank. I wonder if they're working in concert or are recognized as working in concert and that's the reason they hold what they do. Just curious. I know if you go over that % threshold you have to become a bank holding company. PE's don't like to do that.

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