Home BancShares(HOMB) - 2023 Q4 - Earnings Call Transcript
Home BancShares(HOMB)2024-01-18 23:19
We weren't getting much. Anyway, I think the Fed did [a lot of money] (ph). I think they made money. We did that totally as an insurance policy and never spent a dime of money. Do you remember what I said when someone asked me, "What did you do with the money?" I said, "I took it home, put it under my pillow and laid a .357 Magnum right beside it." I said, "It seemed like it was yesterday when that happened." We kept the money for several years while becoming the largest buyer of failed banks in the U.S. or ...