US Financial's and Auto's Dead Men Walking :: The Market Oracle ...They have reportedly been trying to shop $40 billion of impaired real estate and they are mired in all sorts of Alt A, sub-prime, CMBS and CDO's and CLO's. The best part is that they said they "shrank their balance sheet" when in fact ... They are geographically in Utah, but spread out to Florida, Nevada and Arizona at the top of housing to take advantage of great opportunities. They say they need $200-300 million capital. Good luck. They maintained their common dividend. ...
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12 Hours 31 Minutes ago
http://www.marketoracle.co.uk/