Analysts as a whole are lazy. They look at the numbers in detail and listen to the higher ups in the companies. They won’t peel back the layers unless given reason too. People leaving in mergers does not give them cause for alarm. After the integration is complete, branch closures complete, different story. I expect some of the E14 to jump ship once they receive their stay and completion bonus options. All bets will be off then as some industrious analysts will begin digging especially if the stock stays stagnant or declines. The merger accounting covering the sins will last another 6 to 12 months after that look out. The arrogance factor will take these guys down, it always does.
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