Wasserstein Death to Have Minimal Impact on Kraft-Cadbury Deal [View article]
Just as I thought all along: Wasserstein's death means that he wasn't *that* important. Investment bankers are WAY overpaid. Massive egos and aggressive behaviour is what allows them to get those ridiculous pay packages. Read "The Last Tycoons" by William Cohan and you will see what Wasserstein was about. Hell just received yet another investment banker, methinks.
KFT was spun out of MO at $31.66 a share by my calculations (it was never stated what the price was) on 31 March 2007. Now it hovers around mid-$26 price range.
I bought more shares of KFT one year after spinoff hoping that it would continue as a divdend-payer. Author makes strong points, however, that maybe Ms. Irene has empire-building plans so need to rethink my investment with this company.
Kraft Foods: Time to Put This Cash Cow Out to Pasture? [View article]
I love this type of over-analysis. Go ahead and sell Kraft. I want the price lower so that my re-invested dividends will buy me more shares, not less. If you drive the price up, then that hurts me in that the re-invested dividends will buy me fewer shares.
So yeah, sell sell sell. Me, I'm going to have an Oreo.
Wasserstein Death to Have Minimal Impact on Kraft-Cadbury Deal [View article]
Raw Deal for Kraft Shareholders [View article]
I bought more shares of KFT one year after spinoff hoping that it would continue as a divdend-payer. Author makes strong points, however, that maybe Ms. Irene has empire-building plans so need to rethink my investment with this company.
Kraft CEO's 50% Pay Raise Is Wrong [View article]
Kraft Foods: Time to Put This Cash Cow Out to Pasture? [View article]
So yeah, sell sell sell. Me, I'm going to have an Oreo.