First smart thing I heard on CNBC this year

Yes, I'm aware of that problem It's actually covered by another theory called "agency theory".

 

vladiator, you're right. Why don't we all just sprinkle some pixie dust on ourselves and fly off to "Frictionless Land".

 

I just had a brilliant thought.

If you want to collect a dividend, BUY A FREAKIN' BANK CD!!!!!!!


Now, if they make divs tax free, then they may get the nod over a sure stream of coupon clipping. Otherwise ........