Will the indignities heaped upon Bank of America never end? It can't find anybody who is willing to step into the considerable--if dirty--shoes of the inimitable Ken Lewis. Its former CFO just got canned for helping to run GMAC Financial...

Reputation is everything, it seems. So while others are closing shop, the likes of SAC, Greenlight, Elliott Management and Brevan Howard Asset Management have raised billions. Of course, Stevie Boy isn't taking money until January, since his idiot portfolio managers...