Bess Levin rips into the conspiracy theories with the post Who Killed Bear Stearns And Then Laughed About It At Denny's? We're Gonna Go With NO ONE:
Let's just say they did spread the rumors, which I don't believe they did (and, as an aside: if a company can be brought down by the corporate equivalent of 7th grade girls passing notes in class, perhaps it doesn't deserve to existence anyway). There is no way in hell this meal took place. Ken Griffin and Steve Cohen are not stupid enough to go chest bump over egg McMuffins with the rotting corpse of Bear Stearns at their table (that kind of genius is -- or was -- reserved for the upper echelons of BSC management).
Exactly.
Before the Bell: Stocks poised to rally on $125 billion bank investment plan
The Wal-Mart Weekly: Retailer accused of sweatshop conditions in Bangladesh
Fog clearing - maybe. Clear skies - no! GE, JNJ, MRK, PG, RTN, WFC
Reader Comments (Page 1 of 1)
7-02-2008 @ 12:22AM
Bob U said...
If this scenario did happen then the government must know about it since they can read all email and listen to the phone calls.
If these guys were this silly there should be a good spider web trail left on their phone traffic to each other that the spooks could work out if so inclined.