A-Rod, Eat Your Heart Out

Posted by Bull Bear Trader | 8/11/2008 07:49:00 AM | , | 0 comments »

It looks like you no longer need to hit over .300, drive in 100+ runs, and hit 50+ home runs to get a big payday in New York. Fortress Investment Group has just given a $300 million (31 million share) grant to on one of its top traders, Adam Levinson (see WSJ story). Given the recent poor performance of the stock, it may not stay at $300 million for long. On the other hand, over the long-term the deal has the potential to make even A-Rod jealous.