Kass Nailed It on T. Boone Pickens

09/24/08 - 02:53 PM EDT

David Morrow

One of the most enjoyable aspects of my job is pointing out some of the great calls and commentary that appear on our sites that you may have missed. Today, I get to note one of the most revered gems in journalism: a scoop, or in layman's terms, when we break a bit of news before our competitors.

A week ago, Doug Kass, the founder of Seabreeze Partners and our anchor commentator on RealMoney Silver, one of our premium sites, wrote in his column Sept. 16 that T. Boone Pickens' hedge funds were hemorrhaging cash. In today's Wall Street Journal, the lead story in "Money & Investing" is this story, "Pickens Funds Down About $1 Billion."

Doug writes his "Things I am Hearing" regularly on RealMoney Silver. You can read Doug's Sept. 16 installment by clicking here. If you'd like to take a trial to RealMoney Silver and read Doug and sample all the other great content on the site -- including Jim Cramer's Action Alerts PLUS -- just click here.

Let's stay interactive.

Dave Morrow
Editor-in-Chief

David Morrow is editor-in-chief of TheStreet.com. In keeping with TSC's editorial policy, he doesn't own or short individual stocks, though he owns stock in TheStreet.com. He also doesn't invest in hedge funds or other private investment partnerships. He appreciates your feedback; click here to send him an email.
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