tag:blogger.com,1999:blog-2080506270244832638.post8389488418678825733..comments2024-03-18T20:44:42.858-05:00Comments on Clark Street Value: Gramercy: European Business, AM Fees, Likely Spin MDChttp://www.blogger.com/profile/10679835609782815537noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2080506270244832638.post-3435355330723503352015-03-06T14:04:55.700-06:002015-03-06T14:04:55.700-06:00Yeah it would have been an interesting security, I...Yeah it would have been an interesting security, I miss digging through the trustee reports but its just not worth the effort anymore. Both the 2005 and 2006 OC tests are slowly creeping up, the equity in those deals will end up being worth something, just will be nominal on a per share basis.MDChttps://www.blogger.com/profile/10679835609782815537noreply@blogger.comtag:blogger.com,1999:blog-2080506270244832638.post-69197686659192826832015-03-06T13:48:35.582-06:002015-03-06T13:48:35.582-06:00I floated the CDO CVR idea to Chris Demuth a coupl...I floated the CDO CVR idea to Chris Demuth a couple years ago, since he was having regular interaction with management. Thought it would be a great way to create some incremental value for investors who just wanted the dividend. And - potentially - a fun instrument for those of us who got bored with a stable dividend REIT and bailed. Downside was expense and management time.<br /><br />Anyway, thanks for the update!@Olmsted2https://twitter.com/Olmsted2noreply@blogger.com