TD Share Issue

November 25th, 2008 by Potato

Well, I own some TD, and it’s way down this week, and it’s probably going to get worse today. They’ve decided to have a share issue to top up their capital levels, which is not news that I wanted to hear. I honestly thought that they would be the one bank to side-step this mess and make it through with out a dilutive share offering… especially since they made a preferred offering early on in this mess.

D’oh.

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