Maximizing Shareholder Value when the FBI Raids Your Office
Phillip Goldstein of Bulldog Investors talked this afternoon about his experience with Imperial Holdings (IFT), which is in the life settlements business. The business is and was pretty compelling — lending money to wealthy senior citizens against their life insurance — even as it’s been very controversial. Bulldog invested in them by buying debt with […]
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No, in this case it's not a stock that they're recommending. There are other life settlement companies, too, many of wh...