Saturday, February 7, 2009
Barron's on Scotiabank
Barron's, Vito J. Racanelli, 7 February 2009A Canadian Bank Plays It Safe�and SmartDuring each ephemeral rally in financial stocks, hope springs anew for U.S. banks, whose shares keep getting battered. Investors pore over the same, ever-cheaper names, hoping to discover a diamond under the TARP -- the Troubled Asset Relief Program. Yet most of these banks seem to suffer similar afflictions:
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