| Speculating As Fairholme Fund Invests in General Growth |
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| Monday, 01 February 2010 12:55 |
 Todd Sullivan submits: This is an interesting move for Fairholme [FAIRX]. ValuePlays favorite Bruce Berkowitz has made a bet on >$500m of General Growth’s (GGWPQ.PK) unsecured debt. Berkowitz has picked up $394m in GGP convertible bonds, $110m in a tranche loan and $94m in Rouse bonds. The weighting of this debt in Fairholme’s portfolio is 5.2% of it Complete Story »
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