TARP Bank List Update
Just a post of housekeeping notes.
Of the 70 banks participating in TARP I identified over the weekend, 54 were ratable in CAPS. One of them, PBIB, is still waiting on an opening price.
The sixteen unratable bank tickers are: AWBC, BBS, BCAR, BOCH, CASB, CCOW, CPBO, ETFC, FPTB, HFFC, HFWA, MBHI, MFNC, NBBC, PBCI, and TBHS.
Today, DJ Newswire updated their list with six new entries. Two banks were added to my picks, LNC and STI. Two other banks were not ratable, THRD and GNW. The other two entries were modifications for banks that were already picked.
Treasury has posted the banks that have actually recieved money.
For those who missed the introduction post, this player is set up to track performance of banks that took a gov't investment under TARP.