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SunTrust Q1 Loss

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Old 04-23-2009, 07:19 AM
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Wicked Weasel
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St. Jude Donor '05-'08

Default SunTrust Q1 Loss

Dam I hate to see all of these Racing Sponsors losing money.

Originally Posted by reuters
Hurt by a big goodwill charge and higher losses from commercial real estate and home equity loans net loss to common shareholders was $875.4 million compared to a profit of $281.6 million Q1'2008.

Analyst expect the bank to lose money every quarter this year

Old 04-23-2009, 10:57 AM
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SIK02SS
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damn, i wonder what effect this will have on the SunTrust DP team and when we'll see it



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