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roguedolphin

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roguedolphin

Re: None

Monday, 12/24/2007 2:43:21 PM

Monday, December 24, 2007 2:43:21 PM

Post# of 173802
Top Value Manager Even Gloomier on 2008
Wary of subprime mess, FPA's Rodriguez halts stock, bond purchases.

By Christopher Davis | 12-21-07 | 02:30 PM |
"In his September 2007 letter to FPA Capital shareholders, he wrote that the odds of a recession were 50% or greater. But in a conversation with Morningstar, he noted that as recently as a month ago, he would have placed the odds at 70%. Now he says the odds are closer to 100%."
http://news.morningstar.com/articlenet/article.aspx?id=222022
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