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First NBC Bank Fails

Posted on 4/28/17 at 6:12 pm
Posted by GeauxTigers1983
Ponchatoula
Member since Sep 2015
560 posts
Posted on 4/28/17 at 6:12 pm
Posted by Dizz
Member since May 2008
14721 posts
Posted on 4/28/17 at 6:22 pm to
What does this mean for stock holders?
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37027 posts
Posted on 4/28/17 at 6:47 pm to
Liquidation, common shareholders are last to get paid if anything is left.
Posted by SippyCup
Gulf Coast
Member since Sep 2008
6139 posts
Posted on 4/28/17 at 8:15 pm to
quote:

What does this mean for stock holders?


Worthless stock.
Posted by tigerpawl
Can't get there from here.
Member since Dec 2003
22237 posts
Posted on 4/28/17 at 9:41 pm to
So what's the backstory? What was the "cause of death"? Can't imagine burning through that $200 million that fast...
Posted by notiger1997
Metairie
Member since May 2009
58104 posts
Posted on 4/28/17 at 10:29 pm to
Check the other thread in first page
Posted by Old Money
Member since Sep 2012
36319 posts
Posted on 4/29/17 at 3:15 am to
Long time coming...
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