A confederacy of Dunces - And we the taxpayers get screwed.
In 2004, the SEC exempted five firms from required capital/debt ratio regulations.
They are: Bear Sterns, Lehman Brothers, Merrill Lynch, Morgan Stanley, and Goldman Sachs.
Thank you George W. Bush Administration.
You Suck.
2 comments:
I worked at three out of the five. And my former company has deep relationships with all but one: Bear Stearns.
The two companies that are doing the best, Goldman Sachs and Morgan Stanley, have the deepest connection with Red Hat.
But what a great book (C of D) and a good title here.
mike of reston
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