BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Starwood strikes IPO gold]]>http://www.bloggingstocks.com/2009/08/12/starwood-strikes-ipo-gold/http://www.bloggingstocks.com/2009/08/12/starwood-strikes-ipo-gold/http://www.bloggingstocks.com/2009/08/12/starwood-strikes-ipo-gold/#commentsFiled under: , ,

Starwood Property Trust (NYSE: STWD), which is a real estate investment trust, struck gold last night. The company issued 40.5 million shares for its public offering, raising a cool $810 million (this was 35% more than expected). The offering price came to $20.

Why the excitement? Basically, Starwood wants to capitalize on the low valuations in the commercial real estate markets. The main approach will be to purchase debt securities -- and perhaps wind up owning some choice properties.

Continue reading Starwood strikes IPO gold

Starwood strikes IPO gold originally appeared on BloggingStocks on Wed, 12 Aug 2009 13:15:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Barry SternlichtinthenewsIPOsPPIPStarwoodStarwood Property TrustSTWDWed, 12 Aug 2009 13:15:00 EST<![CDATA[Why is the government spending $30 billion to buy toxic assets?]]>http://www.bloggingstocks.com/2009/07/09/why-is-the-government-spending-30-billion-to-buy-toxic-assets/http://www.bloggingstocks.com/2009/07/09/why-is-the-government-spending-30-billion-to-buy-toxic-assets/http://www.bloggingstocks.com/2009/07/09/why-is-the-government-spending-30-billion-to-buy-toxic-assets/#commentsFiled under: , , ,

Do you know where another $30 billion of your tax dollars are going? You guessed it. The Federal Reserve and the Federal Deposit Insurance Corporation announced that they will spend $30 billion dollars to buy toxic assets.

To do this they have chosen nine firms out of 100 that applied for the program. The guts of the program are that the government will partner with private companies to buy toxic assets.The Treasury supposedly did background checks to be sure that none of the firms chosen had any "conflicts of interest."

Continue reading Why is the government spending $30 billion to buy toxic assets?

Why is the government spending $30 billion to buy toxic assets? originally appeared on BloggingStocks on Thu, 09 Jul 2009 15:00:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>FDICFederal ReserveFederalReserveinthenewsppiptoxic assetsToxicAssetsThu, 09 Jul 2009 15:00:00 EST<![CDATA[Cramer on BloggingStocks: Who needs the PPIP? ]]>http://www.bloggingstocks.com/2009/07/09/cramer-on-bloggingstocks-who-needs-the-ppip/http://www.bloggingstocks.com/2009/07/09/cramer-on-bloggingstocks-who-needs-the-ppip/http://www.bloggingstocks.com/2009/07/09/cramer-on-bloggingstocks-who-needs-the-ppip/#commentsFiled under: , , , , , , , ,

TheStreet.com's Jim Cramer says now that most banks have raised capital, maybe it'll help the FDIC dole out assets of the losers.

Can I just say that I don't care about the public-private investment program? It was a good idea before the stress tests and would have been excellent if all of these banks hadn't raised capital.

But they have.

So now we have to struggle with the notion of the program's relevance. It can be used as a cleanup program for some companies that desperately want to sell down assets to clean up their books, but with the capital raises, none of the major banks should be interested in selling into it.

Continue reading Cramer on BloggingStocks: Who needs the PPIP?

Cramer on BloggingStocks: Who needs the PPIP? originally appeared on BloggingStocks on Thu, 09 Jul 2009 10:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>bacfdicfeaturedgshbanjim cramerJimCramerjpmppipstiwfcThu, 09 Jul 2009 10:00:00 EST