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WSJ: Phillip Morris International Shares “Worth Picking Up” $$

Makes a nice case that either Phillip Morris (PM) is under prices OR Altria (MO) is over priced.

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Subs: General Growth Lays Out "Capital Raise" Timeline $$

Looks like it is going to be a very interesting remainder of the winter. We are now getting a sense of when we ought to be expecting news of events in General Growth finalizing a plan to emerge totally from Chapter 11.

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Subs: General Growth Lays Out “Capital Raise” Timeline $$

Looks like it is going to be a very interesting remainder of the winter. We are now getting a sense of when we ought to be expecting news of events in General Growth finalizing a plan to emerge totally from Chapter 11.

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American Capital Shareholder Voting Instructions $$

I am voting for the ability for management to issue new shares.

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Bruce Berkowitz & Fairholme Invests in General Growth $$

This is an interesting move for Fairholme (FAIRX). Hat tip reader Shaun.

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Bruce Berkowitz & Fairholme Invests in General Growth $$

This is an interesting move for Fairholme (FAIRX). Hat tip reader Shaun.

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Subs: Miscellaneous

Odds and ends…

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Subs: RHI in Forbearance Agreement $$

Good news:

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Subs: E*Trade Reports $$

Some thoughts…

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Tilson: Rebutting Hovde "Getting Very Tiring" $$

Whitney does it again. It is also worth noting even Whitney notes this is becomine “tiring”. We all agree….nice job though Whitney. Hat tip to Jay at www.marketfolly.com for posting this first.

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Tilson: Rebutting Hovde “Getting Very Tiring” $$

Whitney does it again. It is also worth noting even Whitney notes this is becomine “tiring”. We all agree….nice job though Whitney. Hat tip to Jay at www.marketfolly.com for posting this first.

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Tilson/Ackman Not Selling Out of GGP $$

Going to reprint a post from August rather than type it again. Now that hegdies are reporting holdings, the inevitable  “so and so sold out of GGP” emails are coming. Nope

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Dow Receives Mexican Approval $$

A couple of news items, the second one being significant

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Keynes v Hayek $$

This rap video is brilliant…..

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General Growth Retains UBS

This ought to get the rumor mill flowing at full speed…