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nakedcapitalism.com - 10/7/2009
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This tidbit from a hedge fund reader:
From the eagerly-read Andrew Ross Sorkin Vanity Fair excerpt of his book “Too Big to Fail” on the meltdown:
Meanwhile, Jon Pruzan, the Morgan Stanley banker who had been assigned to review Wachovia’s $122 billion mortgage portfolio—to crack ...
vanityfair.com - 9/30/2009
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vanityfair.com —
Jim Wilkinson, Paulson s chief of staff, realized
that such a deal would be a public-relations nightmare...
at the worst possible time just as they were trying to pass TARP. Hank, if you do this, you ll get killed, Wilkinson frantically told his boss. It ...
(more)
Press Release: Andrew Ross Sorkin, Too Big to Fail: ...
blogs.reuters.com - 10/5/2009
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blogs.reuters.com —
It's a day for long readings: not only
Ryan Lizza in The New Yorker , but also...
Andrew Ross Sorkin , whose book excerpt in Vanity Fair -- all 12,000 words of it -- is now online in full.
(more)
When Morgan Stanley almost died
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Further reading
FT Alphaville —
... near-death experience . - How to take advantage of Australia’s interest rate. - “Who is going to benefit from bank [property] sales ?” - The Fed’s own commercial real estate crash presentation. - A divergence in the four bad bears chart. - The EC bank debt riddle. - Lloyd Blankfein didn’t like watching Gasparino . - “It seems likely that the recovery will be less robust than desired.” - Sorkin vs Stumpf on Wachovia loan losses . - Further, further reading .
Related: andrew ross sorkin wachovia, andrew ross sorkin, book


