Egg

Total Rating:
0 / 0

53 Comments

    • Fri Apr 25th 11:54 AM | Rating: 0 0
      Commented on:
      Why the E*Trade Shorts Have It Wrong
      I don't believe Citadal paid $4.78 for shares. I believe they were given 20% of the company for free and the 2.5B was for the ABS portfolio @ ~25 cents on the dollar plus the balance for a 11-12% coupon bond. And with the bonds they get priority placement in the debt line IF E*trade ever does file for bankruptcy in the coming years.

      So, they'd still be well positioned if E*trade ever went bankrupt in the coming years.
      View article »
    • Wed Apr 23rd 21:06 PM | Rating: 0 0
      Commented on:
      Now That's Customer Service: Yahoo "Refunds" $8,962,385,800 to Advertiser
      er, GUT the company, I meant....not "guy"
      View article »
    • Wed Apr 23rd 21:05 PM | Rating: 0 0
      Commented on:
      Now That's Customer Service: Yahoo "Refunds" $8,962,385,800 to Advertiser
      That'd be one way to guy the company so MSFT would lose interest.
      View article »
    • Wed Apr 16th 01:35 AM | Rating: 0 0
      Commented on:
      Dear Mr. Bernanke
      The main problem going forward I see is that Bernanke seems so obsessed to save the banks and market despite, as the article pointed out, this (historically speaking) mild sell-off...is that Bernanke will soon be out of ammunition with the rate cuts.

      If in 6 months or a year the economy is still struggling, the market will be crushed, and there will be nothing Bernanke can do with interest rates anymore.

      BTW...how is WallStreet going to react if the bond market eventually crashes one day? With the continued weaker dollar and the low interest rates (way below inflation)...it's very possible one day people (mainly foreigners) will just say "enough," and you will see long bond rates go from 4% to 6%+ almost overnight despite Bernanke having the funds rate this low.
      View article »
    • Thu Apr 3rd 20:43 PM | Rating: 0 0
      Commented on:
      Explaining the Bear Stearns Rescue
      My biggest complaint about the "bailout" was why the Bear Stearns execs (and the rest of the shareholders) got $10 per share from the government while all the rest of the companies that go bankrupt are left with nada.

      I'm sure the airlines' (Delta, UAL, et al) shareholders would have appreciated $10 per share from the government after 9/11 related bankruptcies. Heck, even the $2 would have been nice...but they got nothing.

      As will in the future any shareholders of non-banking (Big Banks) companies that may go bankrupt.
      View article »
    • Wed Mar 19th 02:57 AM | Rating: 0 0
      Commented on:
      Speculators Are Profiting from Bear's Demise
      "Speculators"... is the wrong word to describe the people who bought the puts.

      It's pretty clear from a common sense point of view that they had inside information that other firms had ceased doing business with Bear Stearns last week. Inside information that the CEO conveniently failed to report during his infamous CNBC interview.

      View article »
    • Mon Mar 17th 18:57 PM | Rating: 0 0
      Commented on:
      More Questions Than Answers on Bear
      According to a Jim Rogers quote I read, Bear Stearns execs would have had to give back a billion plus in bonuses paid out in January if they had filed for bankruptcy.

      If it's true, it would help explain the rationale for the take-under. If it's true, it will also be used against BSC in all the civil suits JPM is expecting.

      Regardless, the whole thing really stinks...and I can't envision any shareholders (at least if they voted today) voting for the merger.
      View article »
    • Mon Mar 17th 03:55 AM | Rating: 0 0
      Commented on:
      Bear Stearns Sold for an Embarrassing $236m
      It definitely means the bottom for Bear Stearns, but now the new problem that it opened is what's going to happen to LEH now. Or MER. Or C. Not GS (Helicopter Ben's fleet would literally be in service before they are at risk.)

      Can people who own LEH currently truely be confident that their stock will not wind up with a similar fate?
      View article »
Loading...
Symbols:
Authors:
Quick Links:
Contribute an Article Become a Seeking Alpha Contributor

Transcripts

More Transcripts»