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Dr. Linus Wilson wrote a paper that was used in a New York Times article which appeared on the front page of the that paper's business section on Tuesday, May 19, 2009.
He was also quoted in the article and did some extra analysis for the story. Dr. Wilson's paper “Valuing the First Negotiated Repurchase of the TARP Warrants” found that the fair market value of the warrants was $1.5 to $6.9 million. Unfortunately, the U.S. Treasury accepted a price of $1.2 million. That was a good deal for the shareholders of the bank, Old National Bancorp (ticker: ONB), that was buying back the warrants. Yet, the U.S. taxpayers probably could have done better if the U.S. Treasury sold those warrants to third party investors. This story has been reported on by other news outlets including Associated Press and several internet blogs.
Other Media Mentions include:
New York Times, Associated Press, Bloomberg, Philadelphia Inquirer, Marketplace, Reuters, Dow Jones Newswires (10 articles by subscription only), Fortune, Bloomberg, New York Times (Figure), Bloomberg, CNN Money, Evansville Courier & Press, FinCriAdvisor.com, ABC News.com, Bloomberg, Marketplace, Moneynews.com, CNN Money, BBC, Bloomberg, Fortune, Huffington Post, Bloomberg TV, New York Times, Bloomberg, Bloomberg, Daily Telegraph (UK), Fortune, Bloomberg, Reuters, Reuters, Reuters, Bloomberg, Reuters, Associated Press, Motley Fool, Financial Times (FT), FinCriAdvisor, New York Post, Risk Magazine, Wall Street Journal, Associated Press, Crain's New York Business, City File, New York Times, New York Times (figure), United Press International, The Independent Weekly, Wall Street Journal, New York Post, Marketplace (NPR), Bloomberg, Reuters, TheStreet.com, TheStreet.com, TheStreet.com, TheStreet.com, Miami Herald, New York Times, Bloomberg |
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