$0.04 0.00 (+8.79%)
12/3/2009 3:58 PM

Corus Bankshares, Inc. (CORS)

CAPS Rating: 1 out of 5

A bank holding company which provides consumer and corporate banking products and services through its wholly-owned banking subsidiary, Corus Bank, N.A.

Recs

0
Member Avatar cashsage (86.16) Submitted: 9/19/2008 5:55:58 AM : Underperform Start Price: $9.66 CORS Score: +53.77

RF is the best short potential, just read http://www.badregions.com or Bennet Sedacca or its refinancing its debt at a 12% interest rate or S&P revising its outlooks to "negative", among the short recs, so even better than CORS.
CORS is also one of the US banks with the most illiquid balance sheet. It is craving for a cash recapitalisation as it is the bank with the highest 1Y CD rate as per Bankrate.com today. CORS may go bankrupt.
It is interesting to read the article on 21.08.2008 of Bennet Sedacca:
http://www.minyanville.com/articles/wm-LEH-RF-wamu-fannie-freddie/index/a/18620
So focus first on Regions Financial, RF.

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