Although it has continued to pay dividends throughout 2012, in November it paid a dividend of $0.09 of which $0.06 was a distribution of capital. Distributions of capital are usually done by companies that are winding up operations or closing out divisions. These are usually done so that the investor can get favourable tax treatment on the distribution as it will not be taxed as dividend income, a sort of thank you for your investment on the way out the door. The CFO of Chimera is the sister of the CEO of Annaly Capital Management ( NLY ). The CEO of Chimera is the son of a board member of Annaly. Chimera is an umbrella company of Annaly and is managed through FIDAC, another umbrella company of Annaly. The recent history of family run investment firms has been rife with scandal. It may be that both of these people