Fascinating... The dividends are being cut while the management are keeping and/or increasing their own pay packages as well as stock options. The business must fold! It no longer seems to belong to the shareholders ... but only to the managers. And what have they accomplished? Billions of dollars lost! WOW! Can I take a shot at it?
Bankruptcies and Rating Downgrades For Homebuilders [Housing Tracker] [View article]
The housing market may be at the Bottom! When the rating agencies finally get around to serious downgrades, its usually too late to do any good. Several builders have already gone to the markets for new capital. Then, just like the banks, they've also lost that and are now in need of more. Meanwhile, the management teams are still sucking out huge salary packages. WOW!!
Homebuilders: NVR Buys Lots From Beazer [Housing Tracker] [View article]
Incentives and Dividends - Homebuilders Keep Trying [Housing Tracker] [View article]
The business must fold! It no longer seems to belong to the shareholders ... but only to the managers. And what have they accomplished? Billions of dollars lost! WOW! Can I take a shot at it?
Bankruptcies and Rating Downgrades For Homebuilders [Housing Tracker] [View article]
When the rating agencies finally get around to serious downgrades, its usually too late to do any good.
Several builders have already gone to the markets for new capital. Then, just like the banks, they've also lost that and are now in need of more.
Meanwhile, the management teams are still sucking out huge salary packages.
WOW!!