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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (38313)	6/16/2010 6:36:12 PM
From: Madharry	Read Replies (2) of 78740

I wonder how everyone else is doing. Im now up about 10% in my retirement portfolio for the year. Gotten beaten up of late with COWN GS and GFRE but hope springs eternal. Despite my unhappiness with management I did buy more aab.to today, I am hoping that eventually some of the increased book value over time will be reflected in the share price. The govt deal with BP seems fraught with ambiguity. my guess is that the escrow account will quickly be deluged by claims far in excess of the amount funneled in. What will the government do the? lend out funds based upon pending claims? I can see headlines down the road about billions in fraud, and litigation with BP as to what constitutes a legitimate claim. Oh well this was temporary win win situation for bp management and the obama camp. I will reserve judgement as to how shareholders ( sorry no dividend) and claimants fare. I am off traveling for a week. not sure what my internet access will be. Hopefully no big frauds will occur while Im gone.

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