[What are you buying today?]

Added to MSGN, tendering top of range. We'll see what pro-ration ends up at.

[Contest strategy and ideas]

I'd be interested in reading more about these TMST notes - any suggestions for a good starting point that summarizes the situation before I go to the filings?

 

GG, follow the rabbit hole and see what you think:

 

http://investorshub.advfn.com/TMST-Inc-8pct-Senior-Notes-TMAGB-22273/

http://dm.epiq11.com/TMI/Docket#Debtors=3157&RelatedDocketId=&ds=true&maxPerPage=25&page=1

[Contest strategy and ideas]

Olmsted,

 

I'm sick of trials, I'm hoping we don't go to them at all and settlements have our bonds trading the mid-point of your range ;) Think anyone else on here holds seniors?

 

-V

[Anyone buying the BAC / AIG 2016 options?]

Kicking myself a little for not getting any this morning when they were cheaper but anything macro (or earnings) could make them much cheaper anyway. We shall see.

 

BTW, MBI 2016's started trading as well.... a current hated name for some of us around here :p

[networth (usd) poll]

I was just discussing such things over the weekend with a friend, explaining the concept of stock vs. flow. We are both mid-20's, I have plenty of debt from grad school, while she has none due to help from the parents and working during school (I played a sport, made working impossible during undergrad). Anyway, I out-earn her by a decent margin, but she has a positive net worth while mine is negative. She argues I am better off (earnings power), while I say maybe her ("book value"). Just thought it was interesting to discuss.

[Where are people in this forum from?]

Philadelphia, PA suburbs

[Twitter first Ponzi?]

I guess guys who manage $200 Million still have trouble grinding away with college loans. Whew, I don't feel nearly as bad haha.

[Hartford]

More good news today, Hartford selling its U.K. VA business to Buffett

 

http://www.bloomberg.com/news/2013-06-27/hartford-to-sell-u-k-variable-annuity-business-to-berkshire-1-.html?cmpid=yhoo

[Hartford]

Fantastic news for TARP warrant holders, the company is turning around very nicely. Exactly 6 years until expiration today.

 

http://www.reuters.com/article/2013/06/26/hartford-buyback-idUSL3N0F22PO20130626?feedType=RSS&feedName=marketsNews&rpc=43

[To My Friends On The East Coast!]

Anyone else live in the Philadelphia area? I've been without power for a day now, not having heat or hot water is no fun. Also, the regional rails are still down as of now it looks...pretty inconvenient considering it's my main source of transportation. At least the markets are closed so I'm not missing much.