Category: Warrants

Who says the price is unfair? Part 2, there’s what we did

5 August, 2009 (09:22) | Banking, Capital markets, Legislation and policy, TARP, US News, Warrants |

[Continued from yesterday's Part 1.]   Some weeks back, the first banks not only repaid their TARP advances (some of which they took under intense pressure to accede) but also bought back their warrants, for cash.  You’d think that seeing banks get out of hock and giving our deficit-ballooning government free cash would be a […]

Who says the price is unfair? Part 1, there’s what we think …

4 August, 2009 (10:23) | Banking, Capital markets, Legislation and policy, TARP, US News, Warrants |

Now that the first TARP-repaying-bank warrant repurchases have been completed, how did the repurchasing banks do, and how did we American taxpayers do?   Are we taxpayers winning?   A month ago, Treasury first cleared ten banks to repay their TARP funding, creating rules to sell its glass financial menagerie:   Submitted for your consideration, […]

Selling the glass financial menagerie

6 July, 2009 (14:01) | Capital markets, Finance, Speculation, TARP, Warrants |

What’s the best way to realize value from a complicated financial position? And – related question – who’s the best holder of such assets? Someone who’ll treat them delicately Submitted for your consideration, as discussed in this Wall Street Journal article, is a gargantuan Federal government that, for one good reason or another, now finds […]