Jan 15, 2010 at 5:30 PM
Need A Job? Financial Crisis Inquiry Commission Is Hiring
They have $8 million in funding and need to make at least 50 hires. Details inside.
John Mack: "There Was A Lot Of Pressure To Sell Morgan Stanley For A Dollar Per Share"
Video: John Mack & Morgan Stanley with CNN's Poppy Harlow -- Days from bankruptcy
Bailout Godfathers, Rodgin Cohen & John Thain, Discuss Wall Street's Record Bonuses And The Public Backlash (Includes An Appearance From WalStreetPro)
You know John Thain; Cohen you've probably never heard of. H. Rodgin Cohen is principal of the leading Wall Street law firm, Sullivan and Cromwell. It wouldn't be fair to say that he was 'involved' in the creation of TARP and the myriad government guarantees for Wall Street; such phrasing would be selling him woefully short. Cohen was actually THE bailout man behind the scenes and was nominated to be Turbo Tiny Tim's #2 at Treasury.
We've added a very special clip from WalStreetPro2 in response to John Thain. Both are inside. If you need a good laugh, this is your ticket.
MUST SEE: Hilarious SEC Comment On Security Pricing
This is apparently a comment letter sent to the SEC by a hedge fund manager flummoxed by the rigged game that now allows for virtually any asset to be valued at ANY price.
