Zions almost didn’t make it out of ‘08-‘09

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Mar 11, 2023
8:44:15am

TADOW All-American

Zions almost didn’t make it out of ‘08-‘09

I want to say their stock dropped fr a high of like $80 all the way down to $4.

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TADOW

Previous username: matt0072002
Bio page: TADOW
Joined: Dec 7, 2004
Last login: Apr 18, 2024
Total posts: 23,194 (1,387 FO)

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Messages

Author

Time

Zion’s Bank’s numbers look… not good

Senora Featherbottom

3/11/23 8:37am

Zions almost didn’t make it out of ‘08-‘09

TADOW

3/11/23 8:44am

It was over $100 actually. I interned there at the time, during my MBA.

yakkamole

3/11/23 9:04am

This sounds too crazy to be true but I worked there too so I totally believe you

MGM

3/11/23 9:20am

Pretty sure the high was like $84 because it was the week I started😂 we were all

DiamondMo

3/11/23 9:29am

Those idiots were the thing that caused my business to get crushed in 2008. I

Nat Gas Man

3/11/23 10:50am

What % of loans are long term and at what rate?

RexIdaCoug

3/11/23 8:45am

Zions bank deserves it. Right after my mission I was completely broke

OU Cougar

3/11/23 8:45am

A bank is never a good place to get a car loan. Always a CU

TADOW

3/11/23 8:49am

I had a similar experience. They were fee crazy and not customer centric

Heath Squashwell

3/11/23 8:50am

So crazy. I had almost the exact same experience right after my mission.

Blue Golfer

3/11/23 8:54am

Have you tried objecting to their proofs of claims for Ch 13 cases?

Chasicle

3/11/23 9:09am

It’s even more fun in Chapter 11 and 12

OU Cougar

3/11/23 9:19am

ZNB worst bank I've ever dealt with. I'd smile if they collapsed. Couldn't

jsaskew

3/11/23 9:27am

“We haven’t forgotten who keeps us in business” and it isn’t you!

DiamondMo

3/11/23 9:31am

Except that the federal reserve requires all banks to do credits first...

UberDeek

3/11/23 9:49am

1989, sounds like they were breaking the law

OU Cougar

3/11/23 9:56am

They were a pain in my backside when I was trying to get into our first house,

Born2Fish

3/11/23 10:58am

they did the same to me in college. Deposited my pay check in some ones else’s

BYU Grounds

3/11/23 8:09pm

Yes, it is poorly run

MGM

3/11/23 8:49am

I don’t work at Zions - nor have I ever worked there

TXJason

3/11/23 8:55am

Like I said I don’t think it will fail.

Senora Featherbottom

3/11/23 9:00am

The other systemic bank risk, Commercial loans, may not be a problem for Zion's?

roseyscenario

3/11/23 9:29am

Their loans are safe just losing money.

Senora Featherbottom

3/11/23 11:47am

It’s not just that the buildings aren’t worth the loan amounts either. If the

Nat Gas Man

3/11/23 12:02pm

My wife has a friend who lived back East and converted then moved to Utah. First

King of Y

3/11/23 11:07pm

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