Silicon Investor (SI) -- The First Internet Community

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.

Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (92131)	12/30/2008 12:37:54 AM
From: Sr K	Read Replies (1) \| Respond to of 116555

I can't believe Cerberus is getting to hold 30%+ (dispersing most to scattered holders) and not getting squeezed down to 4.9% or 9.9%. Even if they hold equity that is too high, most of it should have knock out provisions so they don't get unlimited upside on the gift of holding more than a low minority interest. Treasury does not "need to release" the second half of TARP. That "Treasury official" is incompetent. The cards are in Congress' hands. They should split the second half into $150 billion and hold back $200 billion for another look see. Get to January 20 or 21 and then let the new Treasury Secretary (or Obama) call it.