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?
Has anybody been reading this three part series? How accurate to you think it is? any thoughts?
Career Resources
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.
Vel omnis illum est atque ut fuga. Eum rem totam officiis suscipit nesciunt et omnis aut. Placeat nihil et provident.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...