Your 79 cent quarterly loss is incorrect. You got that by writing off the $5.8B remaining unrealized loss but ignoring the fact that it is smaller than a year earlier. You can't have it both ways--either write off the $13.2B from last year and then take the ensuing gain into income this year, or leave HIG's accounting alone, HIG is reporting results from this quarter, during which their unrealized loss SHRANK.
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I believe FMD no longer pays a dividend. With TERI's bankruptcy and the securitization market frozen, FMD has no operable business plan and no guarantor for the loans. I would stay away from FMD.
The Hartford: Only Paper Profits [View article]
35 Stocks That Ben Graham Would Like Here [View article]