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Message Boards Settings Independent Bank Corp(MA) (INDB) - Quote Info
Commercial Loan Exposure & Conflicts?      8-Feb-09 08:21 pm    
I'm toying with buying a little INDB; and just got through their last 10K and noticed one of the directors (J Spurr) is predident of a private real estate firm. Anyone know if they disclose how much, if any, his company owes Rockland T and the terms? I'm concerned that his firm isn't properly scrutinized, because he's a director and may be appoving his own deals, and given the climate of the commercial RE market and its contribution to INDB's income, there could be some exposure there. Is there corporate govenence in place do deal with these types of conflicts? I know KBW and Baird covers this stock, have they checked into it?
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csdem00


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Commercial Loan Exposure & Conflicts?
csdem00 (1 Rating) 8-Feb-09 08:21 pm  
 
Why not have someone look into it; talking about ...
almeidacst8... Rate it 3-Apr-09 05:13 pm  
 
I've got 600 shares of INDB. How can we get t...
okvelland Rate it 4-Apr-09 06:47 pm  
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Independent Bank Corp. (INDB)

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On Dec 24: 21.12 Up 0.13 (0.62%)
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