Regional bank takes 30 point loss on forced trups CDO sale

A US regional bank takes a hit after selling trups CDOs on the view that they are banned by the Vocker rule

Comment by: Anonymous. Posted 10 years ago [2014-01-07 01:53:39]

If Community Bank really had $51 million of assets (of any kind) that sold for less than $16 million, I hope the SEC pays a visit to this Bank and its auditor.