Klugwannnabe

An Inglorious Anniversary: Fortress Investment Group

You mentioned that AYR "dumped"FIG shares.I believe it is the other way around.FIG owned AYR shares,since they were the original financial support for AYR,and sold a quarter of their holdings,while still being a major shareholder in AYR.And the AYR shares at the time of the sale were in the low 30's.Since their initial investment was 400 Million,they have recouped a fair share of their initial investment and are still a major shareholder in AYR.Now they are playing with the House Money.Looks like a great deal to me for FIG and hopefully AYR will continue to prosper as they just borrowed 300 Million to buy more planes.