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3 Comments
Should Alan Schwartz Be Citigroup's Next CEO? [view article]
Alan Schwartz, the guy destroyed Bear and lied on CNBC about $17 billion in liquidity? It seems as if he is better qualified to run for Congress. Apr 26 04:48 AMIf I Were a Bear Stearns Speech Writer... [view article]
Sounds like Alan Schwartz! Absolutely meaningless information. Apr 21 09:42 AMExplaining the Bear Stearns Rescue [view article]
How can one ever believe Wall Street after the BSC debacle? CEO Schwartz was on CNBC reassuring the public by vouching for the liquidity of Bear and at the same time desperately looking for a bailout. The book value of the stock was $80 to $100 depending upon the source. Goldman and JP Morgan allegedly had a hand in the undoing of Bear. The employees and shareholders had no warning and were caught up in one of Wall Streets biggest robberies. Shame on those responsible, they should go to jail! Apr 04 01:51 AM