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Legg Mason

William H. Miller: Famed Stock Picker Did Great Until Picking AIG, Wachovia, Bear Stearns, Freddie Mac

Wall Street Journal | TOM LAURICELLA | Posted 05.25.2011 | Business

William H. Miller spent nearly two decades building his reputation as the era's greatest mutual-fund manager. Then, over the past year, he destroyed i...

Short-Selling Ban List Expands To Include GM, GE, Others

MarketWatch, Detroit News | Dave Burdick | Posted 05.25.2011 | Business

The SEC has added more companies to the list of 799 companies that cannot be short-sold temporarily. Included are the following firms, according to Ma...

Taking Bets On Freddie Mac, Largest Stakeholder Buys More

Fortune.com | Colin Barr | Posted 05.25.2011 | Business

Bill Miller is wagering Freddie Mac (FRE) will muddle through the mortgage crisis. Miller's Legg Mason Capital Management this summer boosted its stak...

Yahoo Gains Support Of Major Shareholder In Proxy Fight

BusinessWeek | Rob Hof | Posted 05.25.2011 | Business

With its annual meeting looming in just two weeks, Yahoo is ratcheting up its defense against Carl Icahn's proxy fight with an energy critics wish the...

Financial Superstar Hits A Rough Patch

New York Times | Geraldine Fabrikant | Posted 05.25.2011 | Business

FOR 15 years through 2005, Bill Miller, one of the country's most closely watched and widely worshiped stockpickers, made investments that handily bea...

Yahoo's No. 2: No. 2 Shareholder: Microsoft To Raise Bid, Yahoo To Take It

Silicon Alley Insider | Henry Blodget | Posted 05.25.2011 | Business

Legg Mason owns 80 million shares of Yahoo and is the company's second-largest shareholder. Portfolio manager Bill Miller has met with Microsoft's Ste...

Microsoft Urged To Raise Bid By No. 2 Shareholder

Reuters | Muralikumar Anantharaman, Daisuke Wakabayashi | Posted 05.25.2011 | Business

Yahoo Inc's (YHOO.O) second-biggest shareholder urged Microsoft Corp (MSFT.O) to raise its $42 billion bid for the Web pioneer and warned Yahoo it has...