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Newcastle Investment Corp. Message Board

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  • capmktplayer capmktplayer Jun 11, 2012 9:09 PM Flag

    Hmmmm, Buffet wants in!

    I agree and disagree. It isn't good for NCT in that NCT/FIG/NSM will probably be bid up and have to pay more than their stalking horse bid. I disagree that what Buffett wants he gets. NCT/FIG/NSM end up with ResCap, the real question is what is the yield going to be given the price they will have to end up bidding.

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