$3.96 -0.04 (-1.00%)
12/3/2009 4:04 PM

Fortress Investment Group LLC (FIG)

CAPS Rating: 2 out of 5

Raise,invest,manage pvt equity & hedge funds etc.

Recs

7
Member Avatar alberta911 (83.72) Submitted: 4/5/2009 4:05:19 AM : Outperform Start Price: $2.10 FIG Score: +51.29

Fotress will convince a bunch of investors that this plan has a lot of upside and very little downside.
Raise $50b.
Collect 2% mgmt fee ( = $1B). Then who cares what happens to the assets.
FIG managers can retire comfortably.
They just made an easy $1B.
If FIG investors end up losing money, blame the government.

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