LEH should be cut access to the discount window and forced into liquidation by its creditors. LEH represents everything wrong with America while GS represents everything that is good. It's all about survival of the fittest and greed is good.
It's the American idiot(c) that doesn't have the biz model. Credit junkies all of them, not to mention grossly overpaid for pushing paper around. Get back to legitimate sweat generating work, and put the metrosexuals on an island where they belong. And yes, the hedge funds would crucify their grandmothers to generate a bit of alpha.
investors of these hedge funds want minimum 25% returns. there is no way you can get 25% returns on portfolio of 100 millions without playing games.
really? there are several hedge funds returning 60-90% per annum for the last decade with an aum circa of 10 bil. i guess those doesnt count or maybe they play games all the time...
o rly? i didn't know hedge funds forced LEH to buy garbage CDO's on huge leverage. hmmm....you learn something new everyday.
The greedy dumbass CEOs of BSC LEH MER MS etc. leveraging up the boat with junk are perfectly fine right? But greedy hedge funds are bad? Gotta love double standards.