or
Remember me
Back
In 2002, shares fell from $44 to $20 because they were stuck with $2 billion in writedowns from the Enron lending (and implosion). He bought more at $20, and the following year, shares hit $45. So, the money-laundering charges TD faces in his opinion are political grandstanding. Only 2 TD employees in different states allegedly opened accounts for money launderers, not systemic. In Europe, 10-15 years European banks were scrutinized for allegedly helping Russian oligarchs. TD pays a 5.5% dividend and shares will be stuck until there's a resolution/settlement of some sort. Wait and see. He isn't buying this now.
A daily snapshot of everything from market open to close.
