Fairholme Capital Founder Turns Away From Mutual Funds; Plans to Attract 'Sticky Money'
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Fairholme's Berkowitz Comments on Financials; Most of Fund in Sears (SHLD), MBIA (MBI) Debt
February 1, 2013 3:52 PM ESTFairholme Capital Management's Bruce Berkowitz is commenting on banks this afternoon at a conference in New York.
In part, he says financial firms were "priced to die," which created a chance to invest.
Berkowitz also noted that AIG's (NYSE: AIG) crisis... More
