AbitibiBowater, Inc. (fka ABWTQ)

[Pitt77]

I beleave that Faifax is on the board of ABITIBIBOWATER and i love his philosophy. He hates the shorts seller and he will do everything to keep intact our shares.

Here a sample of the interview targeting his battle with short seller.

Q: What’s the latest with the short selling attack mounted a couple of years ago against Fairfax by several hedge funds in the U.S.?
A: “In July 2006, we sued these funds. They have attempted to have our case dismissed, but we have won in court against these motions to dismiss, and appeals. We face just one more dismissal attempt by a fund in August. Then it will be a trial. One defendant has been indicted on fraud charges.”

Read more: http://network.nationalpost.com/np/blogs/francis/archive/2008/07/28/prem-watsa-fairfax-financial-s-homer.aspx#ixzz0fZ5vxmJP
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http://network.nationalpost.com/np/blogs/francis/archive/2008/07/28/prem-watsa-fairfax-financial-s-homer.aspx