News Focus
News Focus
Followers 670
Posts 74435
Boards Moderated 1
Alias Born 08/09/2000

Re: lazyeye post# 309

Friday, 12/04/2009 3:43:30 PM

Friday, December 04, 2009 3:43:30 PM

Post# of 465
Some interesting comments on this one - the interest payment they missed was not that big, they have very, very deep pockets backing them, no actual notice of default has even been received by them - Blackrock would much rather bail them out then have them go under imo:

Anthracite Capital, Inc. is a specialty finance company focused on investments in high yield commercial real estate loans and related securities. Anthracite is externally managed by BlackRock Financial Management, Inc., which is a subsidiary of BlackRock, Inc. ("BlackRock") (NYSE:BLK), one of the largest publicly traded investment management firms in the United States with approximately $1.435 trillion in global assets under management at September 30, 2009. BlackRock Realty Advisors, Inc., another subsidiary of BlackRock, provides real estate equity and other real estate-related products and services in a variety of strategies to meet the needs of institutional investors.

BLK trading at $225

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today