In this time of market turmoil where firms are going under and the markets are seeing extreme volatility I say we start a thread talking rumors and other stories going around Wall Street....
I read a story on another site about a Bear employee walking into the office of his boss and finding him rocking on the ground Rain Man style, I feel damn bad for some of these Bear Stearns guys.
I keep hearing people say that the axe is going to fall at UBS and that they are going spin some groups off. A trader on CNBC said he heard the Swiss government is pressuring Credit Suisse into buying UBS, doesn't seem possible.
SHARE some stuff you have heard
I saw a guy at Bear dressed in a kilt on St. Patricks Day. (He was wearing a suit from the waist up. He smiled at me and said.. heh you laughing too!?)
Then on my way out I was swarmed by several reporters asking for comments, just fyi I don't work at Bear.
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