Yahoo showing 85% institutional ownership, if true can't understand the drop. Especially when you consider between lower to no provisions and lower interest expense this already profitable company will be cutting annual expenses by over $400 million.
Maybe because they will need to pay close to $1B to get out of the useless debt. I guess that's what the Ameritrade CEO meant by questionable debt. Also, falling interest margins and trading volumes aren't helping either. I think they should just sell the company and get it over with. If not, the CEO salary needs to be slashed.