Monday, February 2, 2009

The Banks Project

Here in Cincy, the city's buzzing with the possible fate of the area's largest bank, Fifth Third. Insurance company Cincinnati Financial has just unloaded its entire stake in 5/3 stock, and the stock price is hovering around the $2 mark.

Things aren't looking good. Everyone here remembers National City Bank rolled in the dirt for nearly a year before PNC Bank picked it up. People are wondering if 5/3 is next.

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