In our own case, I think that the highest in the last three or four years, we have been roughly 3 of assets per dollar of equity,
More Quotes from Leon Cooperman:
Many hedge funds do not have a public relations operation geared toward answering such questions raised by outsiders. Would Mr. Cooperman have taken a call about Mr. Israel's credentials from a prospective investor in the Bayou funds I can't answer that, ... If somebody calls me for a reference check, I will respond factually and appropriately. But certain firms are very cautious about talking about former employees.Leon Cooperman
In weak market environments, the stock trades at a discount to the parts. The move to realize value is not unique to Tyco.
Leon Cooperman
We never invested in Sam Israel's hedge fund nor did one trade with his securities company.
Leon Cooperman
What they're doing has happened throughout history. It's the natural life cycle of a conglomerate.
Leon Cooperman
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