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Some Common Cents for June 5th 2015

This morning, al.com, the online news outlet for 3 of Alabama’s largest newspapers, ran a story about how a handful of Birmingham’s most prominent businessmen worked together behind the scenes to help save the UAB football program. Trust me, this was/is a powerful group of men, and those I know personally are great guys. To be fair, the UAB faithful rallied, and came up with a surprising number of pledges. In fact, the advertised and much ballyhooed tally is so large, I will be more than a little surprised if they can collect it all. Even so, it wasn’t just the guys mentioned in the article, but, according to the reporter, they were indeed the tipping point or the deciding factor in the school’s ultimate decision to reinstate the sport, and a couple of others, in 2016…Read On… The opinions expressed within this report are those of John Norris as of the initial publication of this blog. They are subject to change without notice, and do not necessarily reflect the views of Oakworth Capital Bank, its directors, shareholders, and employees.