Barron's cover story examines Legg Mason (LM), whose shares have shed 80% since peaking in 2006....

|About: Legg Mason Inc. (LM)|By:, SA News Editor
Barron's cover story examines Legg Mason (LM), whose shares have shed 80% since peaking in 2006. Bottom line: Legg is waiving $100M/year on money-market fund fees - interest rates need to rise at least a full point to boost its profitability.