He just told the media that shorts are intentionally spreading 'fear and rumors,' and that this won't stop until something is done about it....
From Bloomberg...breaking...
From Bloomberg...breaking...
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John Mack @ Morgan Stanley Says Shorts Are Responsible
- Thread starter ByLoSellHi
- Start date
Dick Fuld said in March he knew LEH was next.
Now, do you think John Mack, who currently is under SEC IG investigation, who put 5mil with Pequot, and a few months later, pulled 14 out in one deal, who 's been around longer than most guys, doesn't know to walk down to the trading desk, can't check the blotter, the back office situatioin? jCan't call another firm and see where order flow is coming from?
He climbed in bed with the wrong guys, and they turned on him. Sometimes it just that simple.
Now, do you think John Mack, who currently is under SEC IG investigation, who put 5mil with Pequot, and a few months later, pulled 14 out in one deal, who 's been around longer than most guys, doesn't know to walk down to the trading desk, can't check the blotter, the back office situatioin? jCan't call another firm and see where order flow is coming from?
He climbed in bed with the wrong guys, and they turned on him. Sometimes it just that simple.