Luminent Mortgage Capital Inc. (NYSE:LUM) and Arco Capital Corporation Ltd. have entered into a Letter of Intent outlining current and proposed transactions intended to address Luminent’s current liquidity issues that arose due…
Douglas A. McIntyre Annaly Capital Management, Inc. (NYSE:NLY) announced the filing for an IPO of Chimera Investment Corporation under the NYSE tick "CIM." Chimera is a newly-formed specialty finance company that will invest in residential…
These intra-meeting cuts like the 50-basis point discount rate cut this morning, even if this one is the discount rate rather than the funds rate, do act as stabilizers and you are…
American Home Mortgage Corp. (NYSE:AHM) shares traded over 30 million shares yesterday after being halted for a day and a half. It is likely that the sub-Saharan tribal residents know of the…
Douglas A. McIntyre 