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July 31, 2026
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ive read it. i thought it was really interesting. dont see why it wouldnt be accurate...
Always remember that you are getting the events through someone else's lens, who in turn has accounts from a variety of people who put their own touches on the story. Worth reading, makes the same point: http://www.thedeal.com/dealscape/2008/05/the_wsj_concludes_the_bear_sag…
Something that continues to surprise me is the reporting regarding the guarantee put in place by JPM that it would effectively back Bear's trades for a full year. Andrew Ross Sorkin over at DealBook butchered this every chance he got, but so did many others it seems. If you listened to the Sunday evening conference call, it was excruciatingly clear during both the initial comments and the question period that JPM was fully aware of this--they explained why they had put the guarantee in place and under what circumstances it would be terminated.
I thought it was funny that Dimon called Vikram Pandit a jerk on such a high-profile conference call.
Eligendi iste est et quidem et magni molestiae. Optio et architecto suscipit qui nam. Porro aut amet ad perspiciatis laboriosam.
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