Bruce Berkowitz, Credit Agricole, Hedge Fund Fraud

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Fairholme’s Bruce Berkowitz To Be Chairman At St. Joe (Forbes)
A spokesperson for St. Joe verified that Berkowitz will become chairman just days after the company announced he would rejoin the board, with a formal announcement likely Monday. His deputy Charlie Fernandez will serve as vice chairman while former Florida Governor Charlie Crist, another Fairholme nominee, will chair the board’s governance and nominating committees. As CNBC reported, the company is also eliminating a poison pill adopted in February that was widely seen as a way to stifle an effort by Berkowitz, who owns about 29% of the company, to exert sway over board seats.