Replies to post #83 on First California Financial Group (FCAL)

[56Chevy]

They [PE] got in this with one thing in mind and that was to "sell the bank". They were always in this for 3 to 5 years max. It's not an evil plot..they just have different goals. Just one problem...it turns out the FCAL BoD has a sign out front that doesn't say "For Sale" but instead says "We're buying".

Long term I like that much better.