Saturday, February 18, 2006

Exclusive Insights from Marty Whitman's NYSSA talk! Feb 16, 2006

Where does safe and cheap come from?

From his background in the worlds of shareholder litigation and bankruptcy reorganization. In a reorg., he seeks to own the most senior security that will participate in the reorganization. But in an extremely well-capitalized going concern, it is the common stock that is the most senior security..........

To read more, go to Shai's blog, who shares generously with us.

Thank you Shai and your friend also.

All the best,
Dah Hui Lau (David)

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