Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Jaffe Dubbs Fairholme 'Stupid Investment of the Week' Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, September 26, 2011

Jaffe Dubbs Fairholme 'Stupid Investment of the Week'

News summary by MFWire's editors

Has Bruce Berkowitz put his ego ahead of his mandate? Chuck Jaffe seems to think so and says as much in his latest commentary on the Fairholme[see profile] chief's fight to gain control of troubled real estate concern St. Joe Co.

According to Jaffe, Berkowitz crossed the line last week by buying up to 50 percent of the outstanding shares in St. Joe.

"The move pushes Fairholme across the boundary of what is good for its shareholders, and the moment a fund shows a willingness to put a manager’s ego and interests ahead of shareholder concerns and needs, it’s time to look for the exit," Jaffe wrote. 

Edited by: Hung Tran


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use