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@1 S&P 500 = -2.5% through April. De-lever that anyway you want and +13.8% YTD is tough to back into. Thanks for playing though.
to quote Michael Lewis, "We've all been hearing a lot lately about the dangers of testosterone. A preposterous idea is gaining traction: that the problem with Wall Street is that it is run exclusively by men. News flash: Wall Street always has been run exclusively by men. If this crisis is worse than previous ones it may be because, for the first time in financial history, women were let in. Remember Erin Callan, Zoe Cruz, Sallie Krawcheck"
8080.80
if one hearkens back to his quarterly letter (posted here, no?) and various GGP articles, don't you worry EP. Ackman invested in GGP expecting, nay hoping, to take the company into bankruptcy.
I've heard a disgruntled employee (aren't they all) let it expire so they had to take physical delivery... awesome. Definitely has one-upped the proverbial 'tin foil your colleagues desk' trick!!
probably want to take advantage of the roaring job market
Neither Warren nor Bernie are hedge fund managers. I would expect Gendell at Tontine to hit #3 or #4 on this list.