Showing posts with label Wealth Manager. Show all posts
Showing posts with label Wealth Manager. Show all posts

Tuesday, September 16, 2008

A glaring example of how we got into the trouble we are in is personified in an article in today's NY Post. A "Wealth Manager" and I use the term lightly, lost more than $6 million dollars of his own personal money in Lehman stock. Talk about not practicing what you preach. How did this guy get a job, let alone accumulate $6 million? These are the imbeciles we entrust with money? To read the entire article, click on this link, its too funny for words.

http://www.nypost.com/seven/09162008/news/regionalnews/i_lost_6m_overnight_129319.htm