There's Been a Lot of Change for Annaly (NLY)

There's Been a Lot of Change for Annaly

In the following video, Motley Fool financial analyst Matt Koppenheffer takes a look at some major changes that are taking place with Annaly Capital Management (NYSE: NLY ) and tells investors what these changes mean. He tells us about the recent death of the company's visionary CEO and what we can expect from the former second in command now that he has stepped into the CEO role. He also talks about the company's offering to buy CreXus (NYSE: CXS ) and tells us how the Federal Reserve's buying of mortgage-backed securities will affect Annaly Capital.

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Comments from our Foolish Readers

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Report this Comment On January 26, 2013, at 6:24 AM, bmc007 wrote:

Your article states - "He tells us about the recent death of the company's visionary CEO and what we can expect from the former second in command now that he has stepped into the CEO role."
FYI, that HE is a SHE - Wellington Denahan-Norris, who helped to co-found Annaly.
Very shoddy work - but saves me the trouble of watching the video (why bother with that standard of work). Fools indeed!
Report this Comment On January 26, 2013, at 6:37 AM, TMFVolkman wrote:

Yes, the CEO is female, but the error is a simple one to make - this looks like your garden-variety, didn't hit the "s" hard enough before the "he". It's a minor mistake.
I can attest that Matt knows this company well. If you didn't take the "trouble" to watch the video, that's your loss - it's got some good, insightful observations about the company.

updated 2 days ago Sponsored by:
	DOW	15,354.40	121.18	0.80%
	S&P 500	1,667.47	17.00	1.03%
	NASD	3,498.97	33.73	0.97%

NLY	$15.01		-0.03	-0.20%
Annaly Capital Man…		CAPS Rating:

CXS	$13.04		+0.00	+0.00%
CreXus Investment		CAPS Rating:

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There's Been a Lot of Change for Annaly

Comments from our Foolish Readers

Report this Comment On January 26, 2013, at 6:24 AM, bmc007 wrote:

Report this Comment On January 26, 2013, at 6:37 AM, TMFVolkman wrote:

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