If we see a recovery this year and it becomes a stronger one than we expected, that will adversely affect bank stocks like they did in 1994 and 1999.

The dramatic decline in the share price is entirely due to what's going on at its subsidiary. This is a serious distraction from the HSBC takeover arrangement that needs to be resolved.

The dramatic decline in the share price is entirely due to what's going on at its subsidiary, ... This is a serious distraction from the HSBC takeover arrangement that needs to be resolved.

The real profit in the credit card business is the revolving balances, ... Commerce has calibrated what balances they need to be able to make this product profitable without charging the fees that some of the other credit cards charge.

Republic is going to have to pay the price of what's gone on here. Is that price large enough to kill the deal? The answer at this time is no. But there is a better than 50 percent chance that the offering price has to be lowered.

The economy could slow down, and there is still uncertainty about interest rates.