Toronto-Dominion Bank T.TD

please listen to this video

[bartno12001]

TD Bank's Guilty Plea for Bank Secrecy Act & Money Laundering Conspiracy Violations $1.8B Resolution (youtube.com)

we heard what TD said. lets listen to the other side.

very obvious that bharat was involved big time. he has been lying non stop on conference calls etc. obviously he knew how the AML was lagging and he didnt do anything. this is going to be a very long term story. please wait and lets see what happens. the stock can go far lower. i wouldnt be surprised if we see 60 even..

[newcoin]

I think the stock will go to 40.

[bartno12001]

these were structural failures and really embarassing for me to see how a big bank was brought down by the ceo. the ceo knew exactly what was going on and did nothing. he really should have been fired a long time ago and i am pretty sure the board was also as complacent. the board needs a complete haul or clean up as clearly there are dumbos sitting there.  to top it all off they appoint a

[Ocalaman]

Before you secumb to the siren call of bce dividends, check out thier debt and dividend payout ratio then decide in the environment of government giving away established telcos infrastructure to juniors that they didn't pay for  thier dividend is sustainable. 

[bartno12001]

That's also correct ocalaman. Just very frustrated with td. I need some good companies to invest in and forget about it. Do you mind suggesting a few. I like dividend paying companies 

[nedstar71]

Don't be stupid.  Or at least try to appear less stupid.

[StewartCatso]

RBC has a downside risk of $46 dollars in a recessionary scenario. Downside scenario: Our 12-month downside valuation of $46 is based on a P/B multiple of 0.8x book value. Our downside scenario is based on a deep and long recessionary environment in North America, which we expect would lead to increased unemployment, deterioration in credit quality, revenue growth, and balance sheet strength

[newcoin]

Just kidding, of course. Sarcasm for all the doom and gloom on the board. I'm a big TD supporter and have no fear about a reasonable recovery in a reasonable period of time.