Thursday, February 26, 2009

The hedge fund trillions



Who is doing the show biz, e.g.
Kudlow effect resigned as chief economist for Bear Stearns, later citing cocaine and alcohol use. And Cramer has acknowledged unsavory trading practices, such as working to manipulate stock analysts, in his recent book, Confessions of a Street Addict. Cramer writes, "We would work to get upgrades or downgrades because we knew, cynically, that Wall Street was simply a promotion machine."

http://www.businessweek.com/bwdaily/dnflash/jan2003/nf20030124_7271.htm

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