Seeking Alpha

nym » Comments » BRK.A

  • Why Corporate Short-Termism Won't End Anytime Soon [View article]
    After making that comment, a blog led me to www.nytimes.com/2009/0..., which documents GMAC sitting on mortgage modifications and collecting service fees. About a quarter of my net worth is in an insured account at Ally, which is what GMAC is calling itself these days. I am ashamed, but I blame our government, which has been captured by these guys. We have the best government money can buy, and has.
    Aug 20 11:10 am |Rating: 0 0 |Link to Comment
  • Why Corporate Short-Termism Won't End Anytime Soon [View article]
    "Put yourself in the shoes of a CEO." Quite right. Let's say you head a large bank. Your assets exceed your liabilities. The government tells you the world's economy will fall apart if you go bankrupt. You trudge on toward retirement, keeping the employees working. If fools prop up your worthless stock, that's their problem. The oligarchy are wearing no clothes.
    Aug 20 10:51 am |Rating: 0 0 |Link to Comment
  • Does Warren Buffett Think Goldman Is More Creditworthy Than GE? [View article]
    What's the present value of $3G at 10% in perpetuity? Will GE have cash to call it?
    Oct 01 15:50 pm |Rating: 0 0 |Link to Comment
More on BRK.A by nym
Comments by Ticker
ABX, AEP, AF, AGG, AIG, AKR, ALE, ALM, ALTI, ALX, ASA, ATGFF.PK, AVY, AXP, AYE, AYT, BAC, BBI, BBT, BCS, BDG, BDK, BHP, BIP, BIV, BLV, BND, BNJ, BNY, BOS, BPL, BRK.A, BRK.B, BSC, BSV, BWV, BWX, BX, C, CAF, CAG, CAT, CDPYF.PK, CEG, CGW, CMF, CMHIF.PK, CNL, CNQ, COF,
nym's
Comments Stats
223 comments
Rating: 101 (171 - 70 )