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Rating:Are State Street Shares A Bargain? Not Rated 3.0 Email Routing List Email & Route  Print Print
Wednesday, September 05, 2007

Are State Street Shares A Bargain?

by: Sean Hanna, Editor in Chief

The sell-off in State Street shares is overdone. That is the argument made in Wednesday's Breaking Views column in the WSJ. While the bank's four conduits would cause some pain if brought onto its balance sheet, that is unlikely to happen all at once, argues the column. The bottom line, according to the argument: at 20 percent off the shares are selling at too big a discount. 

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