Oritani Financial (NASDAQ:ORIT)

CAPS Rating: 1 out of 5

Recs

3
Player Avatar Beorn10 (29.97) Submitted: 4/30/2010 4:52:19 AM : Underperform Start Price: $16.93 ORIT Score: +8.85

The disconnect between the real economy and the world of the financial industry will one day be reconnected. All of the concerns which were written about over the last three years will have to be dealt with, which includes commercial real estate, personal debt, unemployment, taxes, municipal and state debt and the shrinking private sector (failing businesses). Financial firms will not do well in this environment.

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