Banker blamed in 2008 financial crisis sues co-op for causing ‘severe financial hardship’

[dealmaker]

https://nypost.com/2019/08/29/banke...-co-op-for-causing-severe-financial-hardship/

 

[murray t turtle]

https://nypost.com/2019/08/29/banke...-co-op-for-causing-severe-financial-hardship/

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Sorry to hear that;
stinkin' co op- you hear more trash on those + condos.I think he+ wife still has a lot of his Bear fortune.........................................................................................................

 

[dealmaker]

I believe he was at a bridge tournament when Bear Stearns went belly up...

 

[murray t turtle]

I believe he was at a bridge tournament when Bear Stearns went belly up...

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True;
but not really much he could do, by then- too much leverage +over leveraged hedge funds. And since Bear ''ace'' hire him from a bridge game, makes since.........................................

 

[ElectricSavant]

sounds like dirty business to me...

 

[helpme_please]

What does he mean by severe financial hardship? That property he owns dropped $5m in price. What is $5m to someone with successful corporate track record as Wall Street CEO?