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Non-Tech : Friedman, Billings & Ramsey (FBR)
FBR 17.01-2.2%Jan 3 3:00 PM EDT

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To: DELT1970 who wrote (167)8/3/2007 3:58:23 PM
From: Zencone   of 173
 
I think it's been dropping since the conference call. No insider buying in the 4's yet. I guess it's not clear that they really dodged the sub-prime mess completely. If they do manage to eke out a profit, look for the bulk of it to be doled out in large pat-on-the-back bonuses.

This money would be better spent buying a golf course where they could hold tournaments and shmooze year round and make money on the course instead of doling it out each year. I proposed this some time ago, before the venture into sub-prime hell.
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