Top 10 List of Reasons You Would Buy a Troubled Investment Bank (from briefing.com)

Discussion in 'Trading' started by Intrinsic, Sep 15, 2008.

  1. Top 10 List of Reasons You Would Buy a Troubled Investment Bank

    1. Opportunity to pay premium price for unknown liabilities

    2. Great chance to acquire a management team known for spectacular failures

    3. Need a dose of OTTI (other than temporarily impaired assets)

    4. Looking for team of "creative" accountants

    5. Add to complacent board of directors

    6. Avoid low-cost, build from within strategy

    7. Take on high priced real estate leases from last year's market

    8. Don't want to watch hated competitor twist in the wind

    9. Thought "wasting assets" had something to do with successful weight loss franchise

    10. Didn't have enough troubles of your own