The Banking and Strategy Initiative

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Tag Archives: Bruce Berkowitz

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

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 … Continue reading

February 18, 2012

So you think Berkowitz lost his touch? | Fund insight

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 … Continue reading

February 14, 2012 · 8 Comments

The Retail Lifestyle also rans: The Sears bankruptcy cometh

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 … Continue reading

December 27, 2011 · 3 Comments