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Re: why sell out at a 90% loss      8-Nov-09 12:19 am    
Which, of course, begs the question - why waste free cash on buying back preferreds, when you can get much more bang for your buck by buying back additional CDO debt?
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cubemeister...

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why sell out at a 90% loss
I love the CDO repurchases, but when something looks to...
jmg42280 (1 Rating) 7-Nov-09 02:42 pm  
 
Re: why sell out at a 90% loss
I've had the same thought all along. Back when ...
cubemeister... Rate it 8-Nov-09 12:14 am  
 
Re: why sell out at a 90% loss
The ultimate mack-daddy approach, at this point, w...
cubemeister... Rate it 8-Nov-09 12:18 am  
 
Re: why sell out at a 90% loss
cubemeister... Not rated 8-Nov-09 12:19 am  
 
Re: why sell out at a 90% loss
Agreed, even the CDOs that are failing could ...
jmg42280 Rate it 8-Nov-09 01:07 pm  
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Newcastle Investment Corp. (NCT)

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