$15.06 0.01 (+0.07%)
11/6/2009 3:59 PM

ING GROUP N V (ISP)

CAPS Rating: 4 out of 5

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Member Avatar cashsage (60.05) Submitted: 4/17/2009 11:53:44 AM : Underperform Start Price: $10.28 ISP Score: -21.73

ING has an illiquid balance sheet. It distributes an unsustainable dividend. The market prices ING as already bankrupt, as its ISP/ING perpetual debt is worth less than half its 25 USD emission price of 2002.

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