The finals days of Bear according to the WSJ

Has anybody been reading this three part series? How accurate to you think it is? any thoughts?

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4 Comments

pedigreed monkey

O

18y

ive read it. i thought it was really interesting. dont see why it wouldnt be accurate...

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boredom

O

18y

Best Response

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.

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LondonE11

IB

18y

I thought it was funny that Dimon called Vikram Pandit a jerk on such a high-profile conference call.

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Authored by: Certified Investment Banking Professional - 2nd Year AnalystCertified Investment Banking Pro

zip

PE

18y

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Authored by: Certified Private Equity Professional - 2nd Year AnalystCertified Private Equity Pro

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The finals days of Bear according to the WSJ

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The finals days of Bear according to the WSJ

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