Tuesday, March 18, 2008

the Bear deal...........

The lawyers will make out in the long run. Mr. Dimon will also win. Real big.

No doubt Bear clients are fleeing faster than Bill Clinton headed for an intern.

Reminds me of the last days of Drexel Burnham Lambert. I was the last guy out the door in the LaJolla office in 1989. I think I still have the office key which I saved for posterity.

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