Better to buy the panels, install them free and then charge for the electricity they generate, gaining a predictable revenue stream.
Given that the stock has been trading around $19 this week — it closed yesterday at $18.80 — Mr. Mozilo has generated gains of roughly $4 million in the last three days.
"Some managers don't think they can generate gains to offset these losses," Mr. Phillips said.
According to Meredith Jones of Van Hedge Funds, a research group, these funds shone last year, generating gains of as much as 17.1%.
Vaughn, they say, is being lined up for a villainous-sounding businessman who is trying to generate gains from the railway deals, while Farrell, Moss and Kitsch would play the detectives.
Other big leveraged buyouts, such as Toys RR" Us and HCA, appear to be on track to generate gains, if largely on paper, for their owners.
"They may sell some securities to generate gains at the same time they're taking impairment charges," noted Dwayne D. Hallman, senior vice president for finance at Horace Mann Educators, an insurer in Springfield, Ill.
In January, prosecutors will try Mr. Martoma on charges that he obtained secret results of drug trials and helped SAC generate gains and avoid losses of $276 million by trading on that information.
The authors think that this "final march" to freer trade could safely be expected to generate gains equivalent to about half of those already achieved, or around $4,500 per American household per year.There are caveats.
Aside from the actual dividends from the individual stocks, ECV also writes call options on equity indexes to generate gains from option premiums.
