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  • A Look At Satyam Computer Services Ltd. [View article]
    Why do you think that Interactive Brokers will be able to handle ?
    I hold SAYCY ADRs in Fidelity and according to them they can not instruct citi to cancel the ADS and subsequent deposit the underlying ordinal shares into my INDIAN demat account ?

    The best Fidelity said they can do is Transfer the shares ? but what good it will do if I would like to hold these shares beyond March 12 ? Please help ?
    Sep 6, 2011. 06:44 PM | Likes Like |Link to Comment
  • Time to Buy Bank Stocks [View article]
    klarsolo / Rhunzzz

    Could you guys tell how to buy these preferred in my brokerage account ? You said there is an ETF ...what would be the symbol for that.

    Thanks in advance

    On Feb 12 09:08 PM Rhunzzz wrote:

    > Well the problem is this - the toxic assets have to go, it's that
    > simple.
    > And as long as the Obama administration does anything that does not
    > involve overpaying for toxic assets (which would be political suicide),
    > shareholder equity in the banks holding those assets will be hurt.
    > Let's run through the options:
    > 1. Nationalization - 'nuff said.
    > 2. Stealth nationalization - the Treasury takes a stake in the banks
    > in return for injecting new capital, clearing out the toxic assets,
    > guarantees, etc. This would dilute shareholders.
    > 3. Delayed nationalization - the Treasury gets warrants or preferred
    > stock convertible to common stock, in return for capital injections,
    > clearing out the toxic waste, guarantees, etc. This would still dilute
    > shareholders, albeit over a longer period. It would still hurt shareholders
    > unless the share price is rising.
    Feb 18, 2009. 02:10 PM | Likes Like |Link to Comment