tag:blogger.com,1999:blog-2986124651030959736.post1392930572850250511..comments2024-03-26T21:50:50.895-05:00Comments on Stocks, Bonds & Politics: More on ING/Sold GSPRA at $21.9/Dollar Finds A Bid/TENNINDEPENDENThttp://www.blogger.com/profile/17444227958539559639noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2986124651030959736.post-41851384428552765762009-10-27T16:01:29.486-05:002009-10-27T16:01:29.486-05:00DUTCHPERPLEX: I view myself as a globetrotter type...DUTCHPERPLEX: I view myself as a globetrotter type of investor so my interests go wherever there is bargain irrespective of the firms geographic location or any relationship to the U.S. Having branches in other European countries does not change my view of what ING will look like in 2014, and is shared by the author of this article in the WSJ: "ING will be essentially reduced to a Benelux regional bank" http://online.wsj.com/article/SB125657983548108539.html?mod=wsjcrmainTENNINDEPENDENThttps://www.blogger.com/profile/17444227958539559639noreply@blogger.comtag:blogger.com,1999:blog-2986124651030959736.post-22198703336676915892009-10-27T14:51:05.997-05:002009-10-27T14:51:05.997-05:00Re point 2, many compliments to you TennIndependen...Re point 2, many compliments to you TennIndependent, for digging up this statement about non-deferral from Hommen. So far I only came across statements to the effect that ING did not <i>expect</i> to have to defer coupon payments, but this is more definite, in that it is clearly part of the agreements with the EC.<br /><br />As to their future size, I think you don't do ING (or the EC) justice by calling it "a regional bank for the Benelux countries". It is true that focus is in that region, but ING has branches in many more countries. I can understand though that when they will basically leave the US they aren't of much interest to you anymore.<br /><br />Once again, thanks, and keep up the good work of digging through to the facts.Anonymousnoreply@blogger.com