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DeadBull “…. This was what they had been waiting for: total collapse. “The investment-banking industry is fucked,” Eisman had told me a few weeks earlier. “These guys are only beginning to understand how fucked they are.

Conservative political gifts: pro-liberty, pro 2nd amendment, anti-obama, anti-hillary, pro-reagan. Largest selection on the net!
It’s like being a Scholastic, prior to Newton. Newton comes along, and one morning you wake up: ‘Holy shit, I’m wrong!’ ” Now Lehman Brothers had vanished, Merrill had surrendered, and Goldman Sachs and Morgan Stanley were just a week away from ceasing to be investment banks. The investment banks were not just fucked; they were extinct …” Good article, worth a read. 

Thanks for the link, Robert.

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