Saturday, October 18, 2008

From The Trenches

A once-successful hedge fund manager apologizes to his clients, and he certainly spreads the blame around. Well worth your read, via AmericaBlog:

So long "idiots"..."throw the Blackberry away and enjoy life"

Thank you. Someone who did very well financially, has a clue and understands that the system as it stands today is not functioning. It's striking to me that we've ended up with so many serious problems on Wall Street, Big Auto, etc when in theory they've hired the so-called best and brightest. If this is what the best universities are turning out, we're [...]

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