Thornburg Mortgage Inc

Thornburg Mortgage — Proxy Contest (August 2008)

20 slides from Thornburg Mortgage's proxy contest presentation, Aug 1, 2008

  1. Slide 1: Preferred Stock Exchange Offer August 1, 2008

    1 Preferred Stock Exchange Offer August 1, 2008

  2. Slide 2: Slide 2

  3. Slide 3: Slide 3

  4. Slide 4: Slide 4

  5. Slide 5: Slide 5

  6. Slide 6: Slide 6

  7. Slide 7: Thornburg Mortgage

    ‘Thorn: Mortgage’

  8. Slide 8: Mortgage

    = Mortgage

  9. Slide 9: Slide 9

  10. Slide 10: Slide 10

  11. Slide 11: Slide 11

  12. Slide 12: Slide 12

  13. Slide 13: Slide 13

  14. Slide 14: Mortgage

    = Mortgage

  15. Slide 15: Slide 15

  16. Slide 16: PB oe

    PB oe

  17. Slide 17: Timeline: 2007 Industry and Thornburg Mortgage Events

    Timeline July 20 TMA2Q earnings call. Outlook exceeds expectations July 31 TMA completes $1.5B securitization August 31 TMA completes $1.4B securitization October 16 TMA reports net loss of $8.83 per common share October 31 TMA completes $832M securitization December 18 TMA reinstates Q4 dividend $0

  18. Slide 18: Timeline: 2008 Industry and Thornburg Mortgage Events

    Timeline January 14 TMA raises $242.6M February 4 TMA Q4 earnings of $0.34 per common share February 15-27 TMA met all margin calls, which were in excess of $400M February28 -March 6 TMA receives $714M in new margin calls March 3 TMA completes $922M securi- tization March 11 TMA files 10K/A March 13

  19. Slide 19: Slide 19

  20. Slide 20: Thornburg Mortgage

    Thornburg | Mortgage” TMA NYSE

Thornburg Mortgage — Proxy Contest (August 2008) on 6ix