Jan. 14 at 3:50 PM
$AABB $VIRT $GNS $FLYYQ
OK, friend pointed out to me that the figures are in 1000’s that I originally did not see.
So they have
$707 mln in cash end equivalents (whatever that means, maybe CYA IOU’s from Kenny et. al,) but they still have in this case over
$3 bln of securities borrowed that’s are on their Assets side. Maybe this is why AABB shareholders can’t get their prior dividends unrestricted at Schwab and Fidelity. Wonder how much are these borrowed securities that they have to return are worth now? Total equity is now at
$1.7 mln.
Let’s see if Kenny sent it to the cellar as he did with
$FLYYQ
