4,000 Words About New York Community Bancorp
An examination of the latest regional bank mess
Summary
NYCB stock has cratered following its Q4 earnings report.
At first glance this seems like a gross overreaction but there are complexities at work here.
I fully dive into what went wrong, who is at fault, and what the bank's path forward looks like.
Based on what I know now (as of Tuesday evening), I like put selling on NYCB, as I believe people are …
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