The latest shareholder letter from The Third Avenue Fund has Marty Whitman firing back at William Ackman, a hedge fund manager I have written about previously, over MBIA:
“…invested in MBIA Surplus Notes at a yield to call of slightly over 14% per annum. The MBIA Surplus Notes appear to carry very small, or non-existent, credit [...]
Aaa Credit,Aaa Credit >
Whitman Throws Down the Gauntlet 
Festival of Stocks Number 136 – April 13, 2009
I humbly present the 136th edition of the Festival of Stocks. This is the eighth time I have hosted, and if you want to sign up as a host then go to this web page.
Stock Ideas
Jae Jun presents Cheap Graham Stock Ideas posted at Old School Value.
Dividend Growth Investor presents Best High Yield [...]
The Next Shoe?
Everyone is waiting for the next “shoe to drop” in the financial markets. No one knows when or what it will be but the market spends an inordinate amount of time thinking and speculating about it. Here is one scenario.
Ambac Financial Group, Inc. (ABK) is at a 10 year low. ABK insures billions of dollars [...]
