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$40.20 3.48 (9.48%)
7/23/2008 4:00 PM

Legg Mason, Inc. (LM)

CAPS Rating:
***

The Company and its subsidiaries are principally engaged in providing asset management and related financial services to individuals, institutions, corporations and municipalities.

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Recs

3

Avatar SlowElectron (98.90) Submitted: 12/18/07 11:54 PM : Underperform Start Price: $70.55 LM Score: 19.80

Their credit rating has been cut to a negative outlook by Moody's. They have huge losses looming, stemming in part from a concerning level of SIV exposure. In addition, there's a remote chance their money market fund will break a buck. Lots of customers withdrew funds this year, and if their money markets break the buck, this company will have a run on their funds.

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