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John Paulson misses BankAm upswing, Wells Fargo and Citi | Fund insight

Posted on February 18, 2012 by zyakaira

While he still owns JP Morgan and Hartford (HIG), his $157 mln position in JP Morgan Chase is not half as profitable as the near 50% revival in Bank of America in the 6 weeks of 2012 at $8 and…

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Posted in Banking, Financial Services, Investments, US

So you think Berkowitz lost his touch? | Fund insight

Posted on February 14, 2012 by zyakaira

Paulson recovered 5% though on his funds in 2012 even as Berowitz started coming back from the 58% loss on Bank of America in 2011. AIG and Sears Holdings are his Fairholme fund’s Top 2 holdings and the funds annual…

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Posted in Financial Markets

The Retail Lifestyle also rans: The Sears bankruptcy cometh

Posted on December 27, 2011 by zyakaira

Sears and K Mart owner Eddie Lampert has been swimming with the sharks since 2006 when it  stopped growing and year on year comparable sales were down 8.6% at its US stores in 2008. Talks of bankruptcy and restructuring did…

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Posted in Retail Lifestyle, US