DSB

Financials: Bottoms Happen When Everyone's Convinced They Won't

Tom, the more I learn about you Tom, the more I am shocked at your audacity. You took BIG bets on subprime, and lost your ass. How could you NOT see this coming, and expect us to hold you credible? What are you down on the year, 30%?

hf-implode.com/ailing/...

www.businessweek.com/b...

"I think we're really close, if not at the bottom, for the financial services industry," - Great call Tom, way back in November of 2007!
www.reuters.com/articl...

Way to read the tea leaves Tom:
“ Mr. Brown, whose hedge fund had owned 5 percent of IndyMac late last year, described Mr. Perry as an “eternal optimist.”
www.nytimes.com/2008/0...

And my favorite: Your recommendation to buy FMD on 11/30/07 when it was at $30.01/share. It is now at $2.90/share.
vinvesting.com/vic-nyc...

Please explain yourself.