23 April 2008

Understatement Trading At All-Time Highs

From a Bloomberg article today:

``There've been some disappointments,'' Paul Scanlon, team leader for U.S. high yield and bank debt at Putnam Investments....
at

2 comments:

  1. harveyne28 April 2008 at 22:30

    By disappointment, I presume he refers to the Fed's inexplicable disinclination to invoke the disembowelment provisions of the Sarbanes-Oxley act.

    Ritual suicide is always an option.

    ReplyDelete
  2. pyker29 April 2008 at 14:55

    I am hoping, against odds, that the disembowelments are being actioned, but merely held up so far by paperwork.

    ReplyDelete