There were a lot of lessons learned during the fall of Bear and Lehman. By now, you’d figure people would have taken a step back, examined the fatal decisions made, and do everything in their power to avoid history repeating itself.
When former Bear CEO Alan Schwartz started at Guggenheim earlier this summer, he was still being a bit coy about his vision for the future when he said, “Fate has dealt me an opportunity to start from scratch”. But now the blueprint for Guggenheim’s future success is clear. Schwartz is going to bring the firm’s investment banking, research and brokerage divisions to a new level by turning them into “the next Bear Stearns.” Give the guy some credit- at least this time around he is giving people a little time to prepare.
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- Use the Bloomberg command
NH BLG_DEALBREAKER <GO>
to access Dealbreaker
Greg == Cramer 2.0
chirp. chirp. chirp.
@2 Thanks for the laugh. Your name says it all.
Where’s your momma gone
(Where’s your momma gone)
Little baby Greg
(Little baby greg)
Where’s your momma gone
(Where’s your momma gone)
Far far away far far awayayay…
Last night I heard my momma singing this song
Ooh wee chirpy chirpy cheep cheep
Woke up this morning and my momma was gone
Ooh wee chirpy chirpy cheep cheep
Chirpy chirpy cheep cheep chirp
Greg, I’m going to write the Jonas Brothers and tell them what you do while looking at their poster.
-Jeff Macke
get off my BACK!!!!
Mortimer, we’re back!