jbmaria

What Are Brokers' Exposures to Carlyle Capital?

Mr. Shinnick,

Seems like prudent move.
My plan is to wait until they throw up a "clean" Q or two.
I own a tiny bit of AMTD,no mtg.exposure,but getting marked down with all things financial.They'd appear to be the baby amidst the bathwater?
I believe SCHW is the ultimate winner in the OLB space now that ETFC has shot itself in the foot,knee and groin.
SCHW is actually trying to build its bank/mortgage side which would match,maybe surpass, the full service ETFC model I always liked.Seems like a smart move as we can be pretty certain anything they write now will be of super high quality.Targeting $17.50 as an attractive risk/reward level (yeah,a guess).
Have you any current interest in the OLB space or are you just playing total defense re financials? Is this really Armageddon?

What Are Brokers' Exposures to Carlyle Capital?

Mr. Shinnick,
Are you still "gambling" on ETFC?
Just wondering if recent events have run you off?