I will admit that the best part (and there are many good bits) has to be our hedge fund manager's quote about why Bear Stearn's management took the $2 per share deal from J.P. Morgan. Quote:
"So I think for these guys it wasn’t just, 'I’m risking 2 dollars if I say no,' it was, 'I’m risking 2 dollars plus anal rape in jail.'"
Classic!
There really should be a law against people who don't know anything about an industry writing articles about that industry. Really, what's the point? The interviewer is adding no value beyond transcribing words. So entirely sad.
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