RE: Dead Money?I certainly think that the Pat investment is dead money unless RS can cut a deal at 60 to 70 cents.
I don't think RS should have let Pat pollute our investment. The sooner he has us out from under that cloud the better.
I don't think the investment community likes the close ties RS has with Pat and he needs to cut the strings.
In my mind, if RS wanted to invest in IG on behalf of us shareholders, wouldn't it have been better to buy RIC instead?
c'mon RS...grab a little profit and put the Pat mess to bed.