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Chimera Investment's CEO Discusses Q2 2011 Results - Earnings Call Transcript

Chimera Investment Corporation ( CIM)

Q2 2011 Earnings Call

August 2, 2011 11:00 AM ET

Executives

Matthew Lambiase – President and CEO

Christian Woschenko – Head, Investments

Alexandra Denahan – CFO

Rose-Marie Lyght – EVP and Co-Head Portfolio Management

Analysts

Jason Weaver – Sterne Agee

Bose George – KBW

Doug Harter – Credit Suisse

Stephen Laws – Deutsche Bank

Ken Bruce – Bank of America – Merrill Lynch

Daniel Furtado – Jefferies

Stephen Mead – Anchor Capital Advisors

Presentation

Operator

Good morning and welcome to the second quarter earnings call for Chimera Investment Corporation. At this time, I would like to inform you that this conference is being recorded and that all participants are in a listen-only mode. (Operator Instructions). At the request of the company, we will open the conference up for question and answers after the presentation.

Unidentified Company Representative

This earnings call may contain certain forward-looking statements within the meaning of Section 27-A of the Securities Act of 1933 and Section 21-E of the Securities Exchange Act of 1934. Forward-looking statements which are based on various assumptions some of which are beyond our control, may be identified by reference to a future period or periods or by the use of forward-looking terminology such as may, will, believe, expect, anticipate, continue or similar terms of variations on those terms or the negative of those terms.

Actual results could differ materially from those set forth in forward-looking statements due to a variety of factors including but not limited to our business and investment strategy; our projected financial and operating results; our ability to maintain existing financing arrangements, obtain future financing arrangements and the terms of such arrangements; general volatility of the securities markets in which we invest; the implementation, timing and impact of and changes to various government programs affecting the capital markets and the economy.

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