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RBC Capital And The Bank "List" It Says It Never Had
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Jane Wells is currently a CNBC business news reporter, based in Los Angeles, covering the defense and technology industries. Wells came from CNBC's “Upfront Tonight” where she was senior corresponde |
I also named five banks which could be at risk, based on RBC analyst Gerard Cassidy's "Texas Ratio"--Fremont[FMT
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], Downey Financial[DSL
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], PFF Bancorp,[PFB
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] AmTrust (CORRECTION MADE), and Flagstar[FBC
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Cassidy and RBC point out they did not actually name these banks. I got those names from analysis forwarded to me by RBC which was done by SNL Financial. SNL named the names, not RBC, and RBC wants you to know that.
Such are the times we live in. As with Dick Bove's "clarification" (see my earlier post), analysts may be feeling some heat. No one wants to be accused of bringing down a bank or being called the "next Chuck Schumer." On the other hand, if certain banks are in on the brink, wouldn't you want to know which ones?
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