We never invested in Sam Israel's hedge fund nor did one trade with his securities company.
More Quotes from Leon Cooperman:
What they're doing has happened throughout history. It's the natural life cycle of a conglomerate.Leon Cooperman
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,
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
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
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