Colonial’s slide & Auburn’s slide

Coincidence? Correlation? Causation?

A reader sent in this interesting graphic showing the decline of Colonial’s stock price and how almost in tandem the Auburn recruiting class declined following the 2007 class. What does this mean? Is it a coincidence? An interesting correlation? Maybe not having a strong Bobby Lowder hurt the entire Auburn athletic department?

One last word on the Colonial situation
According to reports, several banks were interested in buying the collapsed Colonial Bank. Among the losing bidders were: Canada’s Toronto Dominion, JPMorgan and Spain’s BBVA. This became known thanks to the Financial Times report on a collapsing Texas bank. You might recognize BBVA around here already. You can read the source embedded below.