Monday, March 31, 2008

Timing Is Everything

Lehman pukes up a $3 billion convertible today. I'm starting to wonder more and more if the Bear Stearns panic had been delayed by a couple of weeks, if it too couldn't have worked out a better deal. I worked at Bear years ago and it's sad to see it go the way that it did. Please don't let Ben Bernanke negotiate the sale of my house if I ever get into a jam.


About Me

My photo
I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.