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Will Central Pacific Bank get shut down? - Printable Version

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Will Central Pacific Bank get shut down? - 808blogger - 12-12-2009

http://www.starbulletin.com/business/20091212_central_pacific_gets_edict.html

suprise suprise... NOT! I was wondering how long it was going to take..

So will they beable to recapitalize? or will they get taken over by the FDIC?

Rumors are that a takeover is likely...

EDIT: typo


RE: Will Central Pacific Bank get shut down? - tada - 12-13-2009

That's my bank![:0]

Other people want to make friends- I just want to make money.
James Cramer


RE: Will Central Pacific Bank get shut down? - Laughing_girl - 12-13-2009

Another option is purchase by another company. Their problem is being so top heavy with loans in California - not a good market for anybody at the present, otherwise their capitalization was over the normal minimums.