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You Searched For "Bruce Berkowitz" and got 20 results


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4 mins read

BRUCE BERKOWITZ: People are going to call this 'The Big Lie'

"A conservator is someone who is supposed to conserve and preserve and take care of an estate the s…

Julia La Roche   


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1 min read

A Mutual Fund Wants To Buy Fannie Mae And Freddie Mac Lock, Stock, And Barrel

As Faber pointed out in the CNBC interview, it is unclear if the government would approve of this p…

Linette Lopez   


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1 min read

The 17 Nastiest Feuds In Wall Street History

The insults were flying with Icahn calling Ackman a "crybaby in the schoolyard" and dropping curse …

Julia La Roche,Lisa Du   


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2 mins read

Reaching the Final Four means big bonuses for college basketball coaches

The salaries and contract incentives of some of the top college basketball coaches show they are re…

Scott Davis   


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2 mins read

One of Sears' biggest defenders just revealed why he abruptly cut ties with the company

"Although markets reached new highs in 2017, there was not much to celebrate as the securities of S…

Hayley Peterson   


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1 min read

The Final Four of March Madness brought in $1.4 million in bonuses for the 4 coaches still competing

As USA Today's Steve Berkowitz breaks down, between incentives tied to win milestones and reaching …

Tyler Lauletta   


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2 mins read

One of Eddie Lampert's most loyal backers is leaving Sears and the stock is tanking

Berkowitz also serves as the Chief Investment Officer of Fairholme Capital Management, which is the…

Dennis Green   


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6 mins read

Sears is teetering on the edge of bankruptcy and Kmart could be its first casualty

"Our Chairman and CEO Eddie Lampert stated at the May 10, 2017 Annual Shareholders' Meeting that 'W…

Hayley Peterson   


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2 mins read

Fannie And Freddie Shares Are Collapsing, And That's Bad News For Some Big Hedge Funders

That idea was not well-loved in Washington. Former Treasury Secretary Hank Paulson told Business In…

Linette Lopez   


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3 mins read

Sears directors tap Evercore to examine former CEO Eddie Lampert's deals

Sears directors Alan Carr and Bill Transier, who joined the retailer's board earlier in October, wo…

Jessica DiNapoli and Mike Spe…   


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1 min read

Bill Ackman's Pershing Square Reports 9.8% Stake In Freddie Mac

This after yesterday Bruce Berkowitz of Fairholme Capital Management announced that he and other in…

Linette Lopez   


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1 min read

DAVID TEPPER: I Wish I Didn't Have Any Fannie And Freddie Stock

Since the financial crisis, the U.S. Treasury has taken virtually all of that cash, and now investo…

Linette Lopez   


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8 mins read

Here's why Apple's plan to escape Trump's tariffs by building iPhones outside of China won't actually be possible anytime soon

Those estimates roughly line up with those of the supply chain experts who spoke with Business Insi…

Troy Wolverton   


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2 mins read

Wall Street is ditching experienced traders, and it could backfire when markets go haywire

Michael Phelps broke down in tears when he first saw his new Under Armour commercial - Under Armour…

Matt Turner   


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7 mins read

Sears CEO's master plan to profit off the demise of his stores is taking a turn for the worst

Desperate for cash, Sears Holdings sold the property in 2015, along with dozens of other prime loca…

Hayley Peterson   


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2 mins read

HANK PAULSON: We're Sowing The Seeds For Another Crisis

The FMIC would act as insurance the same way the FDIC does for banks, protecting 10% first-loss, pr…

Linette Lopez   


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3 mins read

Bill Ackman Has Made The Ultimate Bet Against The US Political System

The most well-known plan to wind down Fannie and Freddie and turn them into something smaller is si…

Linette Lopez   


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4 mins read

Here's Everything That's Wrong With Investor Behavior, In One Article

For the uninitiated - Bill Miller's Legg Mason Value Trust shattered every record on the books by t…

Joshua Brown   


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11 mins read

Sears' CEO blames the media for company's decline - but his obsession with Wall Street set it up for failure

But what sets Sears apart from other suffering retailers is something that's not as obvious as the …

Hayley Peterson   


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11 mins read

Sears' obsession with Wall Street is killing the retailer for good

The man in charge of Sears, Edward S. Lampert, has blamed the company's decline on shifts in consum…

Hayley Peterson  Â