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Strategies & Market Trends : Value Investing
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To: blankmind who wrote (19049)4/6/2004 8:25:47 PM
From: Madharry  Read Replies (1) of 78485
 
OT- Having spent a lot of my life working for banks I know that the 2x book number is bandied about quite a bit. one of my supervisors went to work for his old boss who started his own bank in the 80s and my colleague's rational was that he got options and the bank ultimately would be sold at 2 times book. Unfortunately the bank was ultimately taken over by the FDIC.
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