Michael Paisan
Michael Paisan
billion book business fetch percent value
The business could fetch 60 to 80 percent of its $2.5 billion book value -- probably in the $1.5 billion range.
reaction sell
When you look at any catastrophic event, it's a knee-jerk reaction to sell these stocks.
cases companies guys people pick risk smaller taking willing
Unfortunately, you have some smaller companies there that are willing to pick up the slack, but they'll be taking on a big risk and may in some cases put their franchises at risk. They're the people that think they can do it better than the big guys can.