Summary
So much for being scared off by all those risks that can be associated with buying scandal-ridden stocks. That doesn't seem to bother some big investors who see great deals in those kind of holdings.
Goldman Sachs Group Inc., Citigroup Inc. and some other large Wall Street players have disclosed in recent weeks that they have taken substantial stakes in companies that have been plagued by trouble. Their buy lists include Martha Stewart Living Omnimedia Inc. and Fannie Mae.See the full content of this document
Extract
All Business: Big Shots Go for Scandal-Plagued Stocks
Those are the kind of bets that could eventually pay off handsomely or leave them with not much to show.
Unlike most average investors, large financial institutions can afford to take such a gamble because they have a ra...See the full content of this document
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