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Chimera Investment Corporation Message Board

  • highlyleveraged highlyleveraged Jan 10, 2013 11:04 AM Flag

    Connections

    A. Alexandra Denahan the CFO is the sister of Wellington J. Denahan-Norris the NLY Vice Chairman of the Board, Chief Operating Officer and Chief Investment Officer

    Matthew J. Lambiase, the CEO is son of John A. Lambiase the NLY Executive Vice President, Structured Products

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    • It's no secret that CIM is closely linked to NLY; some may even say an alter ego. And the junior members of the family are probably earning more than they otherwise would without friends in high places. However, it virtually insures that CIM will not try to tear itself away from NLY. Blood is thicker than water, and all that.

      Most interesting; though, is that if there was a disaster in the offing, a graceful exit would be arranged for the junior members of the family, hoping to avoid tarnishing their reputations. They may not be the most qualified, and that's perhaps why we are in the current situation, but the auditor is supposed to keep such mistakes from happening. I wonder if the auditor was someone's relative?

    • Got it ,all in Family, Non Information no big deal!

 
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