Wall Street Oasis - Investment Banking & Finance Community: My investment disaster: First Bank of Delaware

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My investment disaster: First Bank of Delaware Sep 26th 2013, 05:00, by Oddball Stocks Only in a perfect world do all of our investments work out the way we want.  No amount of planning or research can protect investors against the future, which is one of the most unpredictable forces in existence. Last summer someone recommended that I take a look at the First Bank of Delaware as an investment.  I took a look and quickly passed.  I saw a bank that was losing money at an increasingly fast rate, and that had experienced some legal issues in their recent past. read more Media files: preview (image/jpeg, 0 MB)

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