by Bill McBride on 1/26/2009 12:53:00 PM
Monday, January 26, 2009
Click on photo for larger image in new window.
Photo Credit: Otishertz
Otishertz spotted this Ice Cream truck in Portland yesterday. Thanks for sharing!
Umpqua Bank received $214 million from TARP in mid-November.
They cut their dividend recently according to the Portland Business Journal:
Umpqua Bank parent Umpqua Holdings Inc., based in Portland, cut its quarterly dividend in December to 5 cents from prior payments of 19 cents per share.At least we know what they are using the TARP money for: Free ice cream!