Fifth Third Bancorp (FITB)

CAPS Rating:

The Company conducts its principal lending, deposit gathering, transaction processing and service advisory activities through its banking and non-banking subsidiaries.

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Avatar DemonDoug (99.78) Submitted: 7/14/08 2:35 PM : Start Price: $11.46 FITB Score: 7.83

Should have thumbed down before, should still underperform the S&P and is another insolvent bk candidate.

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Avatar anchak (95.57) Submitted: 7/15/08 1:30 PM

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Doug ...Have to disagree with you on Fifth being a Bankruptcy candidate.

Refer my blog on them here

http://caps.fool.com/Blogs/ViewPost.aspx?bpid=66284&t=01009413387152518323

Given everythings on the way down....dont disagree with the Thumb though. And YES if there's Financial Armageddon - like Fannie/Freddie Securities becoming worthless - then all the Banks' investment book becomes that too - then well , No debate right - everything will go to zero.

All the best

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Avatar DemonDoug (99.78) Submitted: 7/21/08 4:21 PM

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For anyone reading just this pitch, I replied to anchak's blog. 48B in commercial loans is not good, FITB is in some real horrendous markets, and also note that I said a BK candidate - it's not imminent. I wouldn't be surprised if they were on the FDIC's watch list.

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Fifth Third Bancorp (FITB)

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