Wednesday, May 05, 2010

Bear Stearns

Watching the shit-show with the esteemed J. Cayne of the now-defunct, Bear Stearns LIVE from Capitol Hill is a real treat. Insane or delusional, I say both.

Day after day, forum after forum, I can't find a single one of these big dogs belch out a modicum of truth. Even ex-con,Michael Milken the other day was harping about the government and how they took down the firm I used to work for, Drexel Burnham Lambert.

It wasn't Dean Parisian taking down Drexel Burnham Lambert. I didn't want to leave that firm. My office in LaJolla suited me just fine. I loved the view of migrating whales and gorgeous women.

It was Michael Milken who took down Drexel Burnham Lambert, not the government.

Paying hundreds of millions in fines so that your brother doesn't make it to the next cell over isn't the governments fault. Mike took it for Lowell.

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