Seeking Alpha

mgh123

mgh123
Send Message
View as an RSS Feed
Latest  |  Highest rated
  • Muni Bond CEFs Take A Beating Again [View article]
    And if you think about the politics, cheap muni yields are needed to fund union-enriching government projects and spending, and Dems won't let that happen, rightly or wrongly for the tax code.
    Mar 15 06:48 PM | 2 Likes Like |Link to Comment
  • Muni Bond CEFs Take A Beating Again [View article]
    Thanks for the article. I think sell-off now overdone - NY funds now yielding mid-6s, which is equivalent to taxable 10%+ if you're paying NY state (and possibly city) tax. Obviously interest rate risk there, but that applies to the entire Bernanke economy too.
    Mar 15 12:19 PM | 2 Likes Like |Link to Comment
  • Icahn Enterprises (IEP -12.5%) prices its secondary at $63/unit, giving Icahn another $200M with which to battle Bill Ackman on Herbalife (HLF +3%). (PR[View news story]
    Thanks. I think HLF is just in the investments line - the $2.6bn.
    Mar 2 03:20 AM | Likes Like |Link to Comment
  • Icahn Enterprises (IEP -12.5%) prices its secondary at $63/unit, giving Icahn another $200M with which to battle Bill Ackman on Herbalife (HLF +3%). (PR[View news story]
    Anyone know why he needs $200m more cash when there is over $1bn in cash sitting there, as well as cheap funds from brokers? Thanks.
    Mar 1 12:28 PM | Likes Like |Link to Comment
COMMENTS STATS
4 Comments
4 Likes