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So these wise guys repurchase almost $35 million of stock at $7.22/share in 2006 only to turn around and have to raise $50 million of stock at a conversion price of $1.80/share in 2009. That is some kind of genius at work.
I thought Egglemayer was supposed to be some kind of banking savant. I guess every leverage junkie looks smart when the economy's only going in one direction: up. Rating :
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| Subject | Author | Rating | Time of Post (ET) | ||
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Guaranty Management and Board: Mensa Members Unite!
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gbnkknbg |
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11-May-09 06:46 pm | ||
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a rising tide carries all boats....
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richbonilla | (1 Rating) | 18-May-09 07:33 pm | ||
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Obviously he is as dumb as the rest. He also cont...
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UHUH24 | (1 Rating) | 28-May-09 01:11 pm | ||
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The most logical ROI for investors is selling the ...
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joe.will | (2 Ratings) | 29-May-09 04:26 pm | ||
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Probably so, but who would buy them? A new b...
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ds.jordan@y... | Rate it | 17-Aug-09 03:14 pm |
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