Tanned, fit and rested, Walter’s back from Mustique!

And sending links so that anyone who wants to can check in on Patriot Bank’s insiders’ stock sales. (use stock symbol, PNBK). The CEO, Angelo DeCaro, seems to have been busy unloading shares, as has Marcus Zavattaro but Marcus, at least, has an excuse – as of last Thursday, he’s gone from the bank. He left behind some of the spec house loans he extended, however, which wasn’t very nice of him, given their non-performing status.


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5 responses to “Tanned, fit and rested, Walter’s back from Mustique!

  1. B1

    Word on the Yahoo message board for PNBK is that Angelo had to sell in order to meet a serious margin call.

  2. Greenwich Gal

    Who is this Marcus Zavatarro? Was he that very young and handsome Mortgage broker with offices on Lewis a while back?

    • christopherfountain

      That’s Marcus – not quite so young but still handsome, if you’re into that sort of thing.

  3. Greenwich Gal

    So – Marcus Z. – he left his mortgage business behind to join this bank? Please fill me in on the story – did he bomb out there? I have to say we considered getting our mortgage from him and my partner was not impressed with his financial acumen at all. We went with Lucy Krasnor instead.

  4. Let’s hope the stock can rebound, how is the CT economy?