Lawrence Cohn
![Lawrence Cohn](/assets/img/authors/unknown.jpg)
Lawrence Cohn
Lawrence Cohn is best known as one of the creators of Legacy Recordings, a branch of Sony Music Entertainment and as the originator and producer of the Roots 'N' Blues series...
banking dull earnings expected generally industry pleasant relatively surprises
The earnings for the banking industry have generally been pretty good, ... We've had more pleasant surprises than we expected -- we anticipated a relatively dull quarter.
bank bunch california cover credits derivative europe exposure heard needed short soon utility weird
There were a bunch of rumors. One was that the bank had a lot of exposure, unspecified, to the California utility industry. The other one had to do with some kind of exposure to credits in Europe on the derivative side. As soon as I heard it, I thought it sounded like someone who was short and needed to cover and didn't want to get hurt. It was so weird and vague.
frankly given repair second stock time
We frankly have given up on this stock, ... This is the second time around and we think it is going to take a long time for this stock to repair itself.