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American Capital Agency Corp. Message Board

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  • jdg8002 jdg8002 Jun 14, 2011 10:58 PM Flag

    Cannot wrap my mind around it…


    If you want to dissect the failure of a mReit, I'd take a look at Opteum, Inc/Bimini Capital (bnmn). Technically, it "survived" some seriously bad decisions and a large investor lawsuit, but it crashed from $15+ to the rough equivalent of about $.04. I believe it was run by largely the same team that runs ARR today.

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