A lot can go wrong in six weeks. Just after being on the job that long as directors, Bruce Berkowitz and Charles Fernandez, managing member and president, respectively, of Fairholme Capital Management resigned their positions at The St. Joe Co., one of Florida’s largest real estate development companies. And now Fairholme has started the process to oust the entire St. Joe Co. board. It has the clout to do it, too. Fairholme Capital affiliates hold…
Originally posted here:
Updated: Board Troubles at The St. Joe Co.
