Speakers — New York 2007

Bill Ackman

is the Managing Member and General Partner of Pershing Square, L.P. Prior to forming Pershing Square, he cofounded Gotham Partners, L.P. in 1993, a public and private equity investment partnership. Mr. Ackman earned an MBA from the Harvard Business School.

Scott Bommer

is the Founder and Managing Partner of SAB Capital Management, L.P. (“SAB”). Founded in 1998, SAB utilizes a value-oriented, special situations investment approach targeted at delivering attractive risk-adjusted returns while maintaining a conservative capital preservation mandate. Mr. Bommer is a graduate of Stanford University and earned an MBA from the Harvard Business School.

Thomas K. Brown

is the CEO of Second Curve Capital, a New York-based hedge fund that specializes in financial services companies. Prior to founding Second Curve in 2000, Brown was head of North American Financial Services Group for Tiger. Before that, he was Institutional Investor's top-ranked bank analyst on Wall Street nine times.

Leon G. Cooperman

was a General Partner of Goldman, Sachs & Co. and Chairman and Chief Executive Officer of Goldman Sachs Asset Management at the end of 1991 when he left to organize a private investment partnership, under the direction of Omega Advisors, Inc. For 9 consecutive years, Lee was voted the number one portfolio strategist in the Institutional Investor All-America Research Team survey.

David Einhorn

Chairman of Greenlight Capital (a value-oriented I nvestment advisor), believes an investment approach emphasizing intrinsic value will achieve consistent absolute investment returns and safeguard capital regardless of market conditions. Prior to founding Greenlight, he was at DLJ.

Lance Helfert

Lance Helfert, before founding West Coast Asset Management, oversaw a $1 billion portfolio at Wilshire Associates, and was involved in a full range of financial strategies at M.L. Stern & Co. Lance sits on the board of directors for Junior Achievement of Southern California and the Tri-Counties Make-A-Wish Foundation.

Atticus Lowe

is a CFA Charterholder and has completed the Value Investing Executive Education Program at Columbia University’s Graduate School of Business. He is responsible for stock research and portfolio management, along with structuring private investment opportunities. Honored as a member of the “Forty Under 40” Class by the Pacific Coast Business Times, Atticus holds a Bachelor of Arts degree in economics and business from Westmont College in Montecito, California.

Mohnish Pabrai

Managing Partner of Pabrai Investment Funds, a group of focused value funds. Since inception in 1999 with $1 million, Pabrai Funds has grown to over $400 million in assets under management. $100,000 invested at inception is worth $788,100 as of 6/30/07 – an annualized return of 29.4% net to investors. Pabrai is the author of two books on value investing, Mosaic and The Dhandho Investor.

Richard S. Pzena

is the Founder and Co-Chief Investment Officer of Pzena Investment Management. He is the architect of the firm’s investment strategy, he conceived and developed our proprietary screening model and he serves as co-portfolio manager on each of the firm’s domestic investment strategies. Mr. Pzena is a member of the firm’s Executive Committee.

Lisa O’Dell Rapuano

CFA, is the Founder and Portfolio Manager of Lane Five Capital Management, a concentrated, low turnover, long-biased portfolio of significantly undervalued companies managed with a true long-term time horizon. She spent ten years working for Bill Miller at Legg Mason Capital Management, where she was both the Director of Research and the sole manager of the $3.5 billion Legg Mason Special Investment Trust mutual fund. She is a graduate of Yale.

Larry Robbins

is the Founder, Portfolio Manager, and CEO of Glenview Capital Management. Glenview has more than $7B in assets under management split between the Glenview Funds (US long/short) and the Little Arbor Funds (diversified, multi-strategy). Prior to forming Glenview, Larry spent six years as an analyst and partner at Omega Advisors.

Mark Sellers

is the portfolio manager for Sellers Capital Fund (SCF). The fund has returned approximately 30% annually (gross) since inception on August 1, 2003. Prior to forming Sellers Capital, Mr. Sellers was Chief Equities Strategist at Morningstar, and editor of Morningstar Stock Investor, a monthly newsletter with approximately 40,000 subscribers.

Murray Stahl

is Co-founder, Chairman, Chief Executive Officer and Chief Investment Officer of Horizon Asset Management, Inc. with more than $10 billion under management. Since inception, he has overseen the investment decisions of all Horizon strategies, while also being directly responsible for the portfolio management of the Strategic Value and Special Opportunity strategies.

Kenneth Shubin Stein

MD, CFA, is the founder of Spencer Capital Management, LLC. Before this he was a portfolio manager at Promethean Investment Group LLC. Dr. Shubin Stein is a graduate of the Albert Einstein College of Medicine and Columbia College.

Steve Tananbaum

is the Senior Managing Member and Founding Partner of GoldenTree Asset Management, which currently manages around $12 billion with an absolute return strategy. Prior to forming GoldenTree, Mr. Tananbaum joined MacKay Shields as an investment specialist in 1989 and became head of their high yield group in 1991. In 1997, Mr. Tananbaum formed and was lead portfolio manager for its hedge fund area.

Whitney R. Tilson

is the founder and Managing Partner of T2 Partners LLC, which manages three private investment partnerships and the Tilson Mutual Funds. He is Co-Editor-in-Chief of Value Investor Insight. Tilson has been a guest on Lou Dobbs Moneyline and Wall $treet Week, has been profiled by the Wall Street Journal and is a regular columnist for Financial Times. He is the co-founder and Chairman of the Value Investing Congress.

Glenn H. Tongue

is the Managing Partner of T2 Partners LLC and the Tilson Mutual Funds. Mr. Tongue spent 17 years on Wall Street, most recently as an investment banker at UBS, where he was a Managing Director and Head of Acquisition Finance. Before UBS, Mr. Tongue was at DLJ for 13 years, the last three of which he served as the President of NYSE-listed DLJdirect. Prior to that he was a Managing Director in the Investment Bank at DLJ, where he worked on over 100 transactions aggregating more than $40 billion.