Archive - Sep 1, 2009 - Blog entry
Pay Czar Reviewing GM's Pension Advisers?
Submitted by Leo Kolivakis on 09/01/2009 21:28 -0500My advice to the U.S. pay czar is to leave Nancy Everett and her team alone. Unlike the senior managers at most of Canada's large public pension funds, the folks at Promark Global Advisors earned their compensation by not following the herd, realizing the beauty of bonds, and by focusing on preservation of capital.
September – the worst month for stocks
Submitted by Vitaliy Katsenelson on 09/01/2009 12:19 -0500After I looked at the data from 1900 to 2008, it is safe to conclude that September historically was the worst month for investors, period.
Letter to New FHFA Director - A Proposal to Swap REO for Agency Preferred Stock
Submitted by Bruce Krasting on 09/01/2009 08:16 -0500A proposal to swap Agency Preferred shares for repossessed properties owned by the D.C. lenders. This plan could work. Everyone wins. What do you think?
