Way, Way OT

July 14, 2010

I was talking today to my buddy George Ure about a strange way of looking at the world as a natural/spiritual duality.  It was the key concept in a dream he had Sunday night/Monday morning.

Read the rest of this entry »


Salary Bump

July 14, 2010

Call me a cynic.  It fits.

When I heard about the Annaly secondary last night, I estimated $1.2 billion in additional paid-in capital from the 60 million shares and 15% “greenshoe.”

Today comes word that the deal is done, and that the stock went out at $17.60.  That’s a decent haircut off yesterday’s trading price, about equal to its quarterly dividend.

Read the rest of this entry »


Follow

Get every new post delivered to your Inbox.

Join 422 other followers