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Fred, gut tells me 2022 would be a better play simply due to the uncertainty ahead in 2023. Thanks to the current administration, if the fit hits the shan in the economy and the FDIC steps up again like they did in 2008, is there a chance they may decide to hold all monies for the sake of the "greater good"? I wouldn't put anything past these miscreants.
Fred, while I totally get your logic,I just can't help but feel that the further we get away from the crime...
I still say a bird in the bush is better than two hands...let's go 2022!
Let's hear it for 2022!!!!!!
So, Mr. Fodo, are you inkling towards 22 or 23 at this point? Thoughts, not wishes.
To each his own…
Happy Thanksgiving all!
Windfall, just my $.04 (inflation thanks to the current bozos).
Recall that there were extensive arguments and negotiations to go from 70/30 to 75/25% in terms of the split between commons and preferreds. Why would that happen if there were nothing left after the end of the game? Underwriters argued and fought in court to be being awarded 19s vs 22s in lieu of staying in class 18. Preferreds seems to get a larger piece of the salami, but that doesn't mean the commons get nothing. Why argue to get out of 18 to a lower status claim if there was nothing left? Just some food for thought.
Sub, not sure if you've been involved with WMI, but they've deleted our escrows months ago. Even if they do and funds come in, DTC maintains records, and its likely your broker has at least 10 years worth. I can readily go back 10 on my TDA account statements, even longer under Transaction history.
Getting ready ... starting to look for my swim wings.
Mssrs. Eli and Swami, thank you for sharing your research and thoughts.
Good to see you're still floating on top of the water, Frodo...
Sorry Newt, couldn’t resist that layup.
He’s been MIA for a few days, before the storm. May have taken the boat to safer harbors.
If its a big enough pond, perhaps you can get Frodo to captain a boat on it...I can just see it now, a "Washington Crossing the Delaware" remake. $19.95 a copy, S&H not included.
See you, Royal
See you, Royal
Hard to argue…
Amen to that, sir.
I just hope he wasn't out getting hammered; didn't work too well for Paul...
Well, we're certainly off to a fine start this morning...
Pitchforks and torches...
Honestly, more power to Elon, but I really don't think folks here are really concerned about his financing arrangements.
Would rather have these types do what's right as opposed to a money grab so that the current agendas can be funded...
I'd consider an Audi S8...perhaps an RS7
'70 Chevelle...a classic from my teen years that I had thru college. Quad headlights with rectangular rears...air shocks in the back and that muthah looked mean.
Juicy, I believe all flavors of CTs were slightly over 6%, but let's just use that for an assessment. 6% of $25 face annually is $1.50; 1/4 of that (paid quarterly) is $0.375 per CT. So 1000 CTs would yield you $375.00 per quarter.
The longer its kept out of our hands, seems the less likely it will ever end up there...
Seems like Bban has an equally good chance of predicting when this will be resolved. Of course, the bookie down the street may have a good shot as well.
Seems like Bban has an equally good chance of predicting when this will be resolved. Of course, the bookie down the street may have a good shot as well.
No worries, just didn’t want to take credit for some one else’s efforts :)
Don’t believe I ever made reference to US Bancorp, just to let you know.
Mine shows in my TDA account. They playing games with you folks again?
Ah, but in my line of work, things are always looking up!! :)
Frodo, that's what you get for dropping your magic 8 Ball...readings are way off.
Well, at least there's a 50% chance of our hopes coming to fruition.
We're here, just coming back occasionally to see Frodo's prognostications. Just trying to ascertain if he's been spot on, or on spot...
Fred, with your implied lifestyle you may not make it to 2027. Keep it to 2022.
Im going to Our Lady of Perpetual Motion Church to request a novena on your behalf.
I’m gonna buy me a string of poloponies…
I’m gonna buy me a string of poloponies…