29 June 2009

The Market Doesn't Believe Capital One's Balance Sheet

Capital One Financial has repaid $3.6 billion in taxpayer cash from the TARP plan.

But some experts warn that Capital One was foolish to do it so quickly.

The stock market seems to agree.

http://www.bloomberg.com/apps/news?pid=conewsstory&tkr=COF%3AUS&sid=aqKzeC4W0dZU