We're not getting into new businesses that we don't understand.
More Quotes from Jay Sidhu:
Sovereign Bank considers the Latino community in Rhode Island a key to future economic growth in the state. The bank can be very helpful by targeting capital and providing specialized services that will give the Latino community a boost toward financial success.Jay Sidhu
We have taken away their ability to do a hostile deal. They are restricted in making an offer for the rest of Sovereign.
Jay Sidhu
Due to the prolonged flatness to slight inversion in the yield curve, the company is focused on stabilizing our net interest margin, controlling expense growth and maximizing generation of capital. We are disappointed that operatingcash earnings per share were lower than a year ago, but are hopeful this trend will change by the second half of 2006.
Jay Sidhu
We think 2006 is going to be a good year. It's not going to be a dynamite year, but it's going to be a good year.
Jay Sidhu
Such tactics are frequently used in negative political campaigns, and we believe go far beyond the bounds of acceptable behavior in communicating with shareholders of public corporations.
Jay Sidhu
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