Legg Mason's Appreciation Fund managers predict a slow recovery for financials and the U.S. economy.
Legg Mason has no independent chairman and a composite Morningstar stewardship grade of C.
Edwards, Raymond James and Legg Mason, have done just fine with minimal investment-banking ties.
"I disagree with people who say it will be bad for cable, " says Legg Mason's Blair.
For instance, take the Legg Mason Capital Management Value Fund, managed by Bill Miller.
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David Davis, though ambitious and dynamic, is only slightly more popular among his colleagues than Mr Legg.
Five of those Bank of New York Mellon, Citigroup, Legg Mason, E Trade and Keycorp were financials.
Mr Mack has already noted Citigroup's recent swap of its asset-management arm for Legg Mason's brokerage operation.
Legg Mason bailed out two of its funds tied to debt sold by structured investment vehicles .
Christopher Legg said the "Magical Tunnel of Light" had been advertised in newspapers and on the firm's website.
Just ask Alliance Bernstein, Janus and Legg Mason whose shares are all down more than 30% this year.
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Most analysts think investors should stand pat on Legg Mason, with seven of 13 analysts rating it hold.
The diverse group of panelists represented: Credit Suisse, Capital One, Cigna, Fitch Ratings and Legg Mason.
"This is one of those Gettysburg-like battles that could turn the war, " says Legg Mason analyst Blair Levin.
John Legg also said he wanted to raise awareness of the dangers of diabetes and smoking to eyesight.
Michael Mauboussin, Chief Investment Strategist of Legg Mason, is one of the most thoughtful practicing investors I know.
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That's something Legg says he would rather do than live as a diabetic.
As for Jonathan Legg, his numbers are no longer in the diabetic range.
"They're performing about as well as you can expect them to, " says Legg Mason Wood Walker analyst Timm Bechter.
"From our first meeting with Oshima, we thought he'd buy the company, " says Vivitar Chief Operating Officer Mark Legg.
"So an exercise like Thomas Legg has carried out was needed, " he said.
Mr Legg's sole qualification was that he was an old crony of Mr Duncan Smith and a fellow Europhobe.
Llanelli are currently without a manager after Andy Legg resigned earlier this week.
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Next, he controversially appointed Barry Legg, not only as the new chief executive, but also his chief of staff.
Legg admitted that his shell-shocked side never recovered after a dismal start, conceding an eighth-minute goal at Parc y Scarlets.
The majority of analysts think investors should stand pat on Legg Mason, with eight of 14 analysts rating it hold.
The majority of analysts think investors should stand pat on Legg Mason, with 10 of 14 analysts rating it hold.
Legg Mason had already begun building outposts abroad, but it was hardly global in the manner of the mighty Citigroup.
It will have to integrate Legg Mason's brokers into its network: that is tricky, but Citigroup has done it before.
Legg Mason has going for it a diverse fund mix, consistent growth and strong management, says Daniel Goldberg, an analyst with Bear Stearns.
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