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To: tom pope who wrote (79005)6/3/2009 10:11:12 PM
From: Keith FeralRespond to of 118717
 
I bought C at $1, but I'm long gone.<g> I still can't believe the stock is around $3.50. I won't buy til they convert. But, I have no idea if there capital raise will allow them to repay TARP. Why do you pay back cash to an equity investor? They really haven't raised any new capital to pay back the government like the other banks. They have only raised $5 billion post stress test, which has still not involved a secondary or private conversion.

Tech Tape has a really cute new commentator - Sarah Lacy. I guess that Yahoo got alot of complaints about Blodget and Task.