SI
SI
discoversearch

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.
Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: ChanceIs who wrote (96145)12/3/2007 4:38:37 PM
From: 10K a dayRead Replies (1) | Respond to of 306849
 
I think you can tatoo that 11% on citi groups forehead.



To: ChanceIs who wrote (96145)12/3/2007 4:48:20 PM
From: Sr KRead Replies (1) | Respond to of 306849
 
The 8.375% is a 5-yr teaser.

<<and Freddie Mac (FRE) issued $6 billion of 8.375% perpetual preferred>>

After 2012 it goes to 3 mo LIBOR + 4.16 with a floor at 7.875 percent. That would be about 9.30 today.



To: ChanceIs who wrote (96145)12/3/2007 9:16:32 PM
From: saveslivesbydayRead Replies (1) | Respond to of 306849
 
"they want to shrink their balance sheets by Dec. 31"

What many are forgetting or not realizing is that financial institutions need to reconcile thier balance sheets by the end of the year.

I suspect many accountants will use the "E-trade 27% rule" as a guide to mark-to-market.

If so, it will lead to disastrous, horrible earnings for many banks and brokerages.



To: ChanceIs who wrote (96145)12/4/2007 10:49:06 AM
From: $MogulRespond to of 306849
 
Put down the pipe please.