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  • The opportunity for CreXus (CXS) from sitting on Annaly's (NLY) far-larger balance sheet should be "exponential" says Annaly CEO Denahan on the earnings call. Annaly is also receiving large principal pay downs each month - money that used to go to new MBS purchases, or (lately) share buybacks, but now can go to the higher-yielding commercial space (the acquisition is not yet a done deal). [View news story]
    They are paying too little for CreXus. Who got paid what to okay the deal?
    Feb 8 10:01 AM | Likes Like |Link to Comment
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