No Regional Offerings

It looks like no other regional banks are coming to the market tonight and likely for the rest of the week. That is one less thing for the bulls to worry about this week. Have a good night.

3 comments:

Random Thoughts said...

It takes time to set up secondaries no?

Tsachy Mishal said...

In the case of these banks yes because they need to negotiate an exit from TARP.

PJ said...

Even the ones that didn't go into TARP would be prudent to issue secondaries. They all need capital.