Posted On: 03/13/2012 1:17:30 PM
Post# of 16816

Re: sevenOdouble #1213
Its probably better on the whole for most of the posts to be public domain. That's how we learn from each other.
There are two immediate things that will break BCAP: an increase in A/S or the failure to secure the capital for the Preferred.
Right now the only productive asset is the convertible debt (which was the core reason for BCAP coming into being). The TA is wasted money right now, and so is acquiring a broker (if the Clearing House is required).
There is an alternative simple strategy Matt can adopt: junk the broker and finance more companies via convertible debt.


Scroll down for more posts ▼