The Accidental Consultant

A blog for consultants, money managers, and their clients to discuss the state of the industry and current market conditions - and for me to publish my thoughts.

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Location: Los Angeles, CA

Wednesday, May 10, 2006

Too Big to Delist

From the Dealbreaker:

"If Fannie Mae was your company, it would be delisted by now. But, of
course, it's not your company. Earlier this year the NYSE exchange got
approval to be a little more, uhm, flexible when it came to delisting
Fannie Mae companies in certain circumstances. Previously, the NYSE
listing standards required the start of delisting procedures for
companies that failed to file an annual report within a year of the
report's due date. When Fannie Mae missed the filing deadline for its
2004 report, the NYSE changed the rules. And then the SEC approved
this change."

http://www.dealbreaker.com/

posted by The Accidental Consultant | 8:16 AM

  • OK, I think I need to add here that I am not in any way shape or form advocating for or against any particular investment or investment style. The world of consulting rapidly changes, and this forum is designed to help all participants in the marketplace by serving as a location for the exchange of ideas. I have a clients who have an interest in the outcome of particular investment strategies, and thus I do as well. All investors have different needs, and thus investments that I might pan for some might be appropriate for others