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Prince Alwaleed bin Talal is not deterred by Citi's nearly 90 percent stock slide. He plans to boost his stake to 5 percent from less than 4 percent, calling the bank's shares "dramatically... Read more...
The credit crunch has been cruel to more than a few money managers. Bill Miller, the head of the Legg Mason Value Trust fund, is at the top of the list. He never gave up on financial stocks, even as... Read more...
Quietly, this big asset manager has become a casualty of the credit crunch. The move to bailout one of its money market funds was among the final straws. Now it is reported to be considering a... Read more...
The credit crunch has been cruel to some fund managers, notably Bill Miller of Legg Mason, who kept on buying as financial stocks kept on tanking. On the other hand, Bill Gross of on-fire Pimco, went... Read more...
In the annals of investing, Bill Miller remains a big name. Recall that he beat the S&P 500 for 15 years in a row until last year. In 2007, his Legg Mason Value Trust fund fell nearly 7 percent... Read more...
We tend to think of Bill Miller as the guy who manages the $12 billion Legg Mason Value Trust, famous for having beat the S&P 500 for 15 years straight--a streak that ended recently. But as the... Read more...