Clown-Free Zone... sorry, no clowns allowed Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: yard_man who wrote (247878)	7/1/2003 12:15:48 PM
From: Perspective	Read Replies (2) of 436258

IMH is one scary hedge fund of a company. At least they are required to do a pretty thorough disclosure. Ever actually read their statements? They have expanded their assets at an extraordinary rate - more than doubled their balance sheet in the past year, boosting leverage from 15:1 a year ago to 20:1 now. What geniuses. Let's borrow billions at the short end of the curve and lend it out to lots of poor credit risks. Works pretty well... until it doesn't. Good thing for them real estate only goes up, and we're not Japan. <s> BC

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next