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Chimera Investment Corporation Message Board

  • nkd4u2 nkd4u2 Jan 24, 2013 10:53 AM Flag


    Leon was a picker of the reit AFN now IFMI and despite his attempts to force the company to get it togather, everyone lost huge. The reverse split and rotten to the core management wiped out shareholders while the CEO continues to raise his pay and perks.

    Not saying he can't make a difference but if the company is determined to screw shareholders they are in the drivers seat. Take a look at the current situation over at SD, it's one of Boone Pickens top picks. He certainly hasn't been able to stop the millions being stolen from the company by the CEO.

    It would be nice if they get the filings up to date but I don't think pressue is going to help. There is a procedure to be followed and they want to get it right. I'm taking my div and waiting because I don't think this management team has bad intentions for shareholders long term.

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