Summit Notebook

Exclusive outtakes from industry leaders

Audio – Legg Mason fund manager’s picks for ’07


mcallister.jpgFund Manager Mark McAllister says he likes Capital One and Home Depot, but laments some pain he felt from his holdings in Sprint in 2006.

McAllister is the managing director and portfolio manager of the Legg Mason Partners Capital and Income Fund.

Read the full coverage from the Investment Outlook Summit 2007 here

Audio – Today’s version of greenmail


lipton.jpg Listen to how M&A legal guru Martin Lipton views today’s shareholder activism compared with the greenmail strategies of the ’80s.

 ”Those who are looking for the short term pop are doing today’s version of greenmail,” he said at the Reuters Investment Banking Summit.