Daily Archives: October 10, 2010

Gone fishing

But I’m back. Some tautog, or blackfish and enough porgies to keep everyone happy. Not like hitting yellow fin tuna, but what the heck – it was a beautiful day on the water.

Here’s something called the “Weiss Report” that claims to evaluate the financial strength of banks. It gives Patriot Bank and First Bank of Greenwich ratings of E – , which I assume is failing (the list is alphabetical by state, so scroll down). Connecticut Community Bank, which I believe encompasses my own bank, Greenwich Bank & Trust, gets a gentleman’s “D”. I don’t know Weiss’s methodology, but this probably isn’t good news for shareholders.

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