taxbaby's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/251202/comments http://seekingalpha.com/article/112415-more-proshares-ultrashorts-tomfoolery?source=feed#comment-343854 343854
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On Dec 31 10:04 PM sethjs wrote:

> i believe that they paid a dividend overnight.]]> Thu, 01 Jan 2009 22:55:57 -0500
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On Dec 31 10:04 PM sethjs wrote:

> i believe that they paid a dividend overnight.]]> http://seekingalpha.com/article/112415-more-proshares-ultrashorts-tomfoolery?source=feed#comment-340159 340159
What has been successful though is selling (in my taxable account) way OTM calls (lopsided strangles and straddles) on EEV, FXI during expiration week. I usually had offsetting (taxable) positions in calls on SDS or other US indices including, as mentioned, the SKF.]]> Mon, 29 Dec 2008 02:14:16 -0500
What has been successful though is selling (in my taxable account) way OTM calls (lopsided strangles and straddles) on EEV, FXI during expiration week. I usually had offsetting (taxable) positions in calls on SDS or other US indices including, as mentioned, the SKF.]]> http://seekingalpha.com/article/92715-why-do-regional-banks-hold-fannie-and-freddie-preferreds?source=feed#comment-239327 239327 www.bloomberg.com/apps... which states in part,

Banks bought Freddie and Fannie preferred stock because they can be used as capital that regulators require to cushion against losses on loans. Banks also get a tax break on 70 percent of the securities, making them attractive to own, said Midwest's Wiest.

``These are the only two companies that the regulators have allowed banks to hold in their portfolios,' Wiest said. ``Everybody knows we have them. It seems like every bank has them.''

Today, Lehman noted the following recent disclosures of
preferred GSE stock holdings:
JPM ($1.2 bln), FITB ($55 mln), MTB ($162 mln), and USB ($79 mln).

The Bloomberg article says Sovereign Bank holds $632 mln.

]]> Tue, 26 Aug 2008 11:52:01 -0400 www.bloomberg.com/apps... which states in part,

Banks bought Freddie and Fannie preferred stock because they can be used as capital that regulators require to cushion against losses on loans. Banks also get a tax break on 70 percent of the securities, making them attractive to own, said Midwest's Wiest.

``These are the only two companies that the regulators have allowed banks to hold in their portfolios,' Wiest said. ``Everybody knows we have them. It seems like every bank has them.''

Today, Lehman noted the following recent disclosures of
preferred GSE stock holdings:
JPM ($1.2 bln), FITB ($55 mln), MTB ($162 mln), and USB ($79 mln).

The Bloomberg article says Sovereign Bank holds $632 mln.

]]>