Thursday, July 09, 2020 2:22:49 PM
BEST---> remember that nomenclature on the Specialist machines always came in BEST was Bear Stearns & Co. What a great Company by ACE....destroyed by a few bad men in their hedge proprietary mortgage portfolios that was 30x1 on leverage the WRONG WAY. They were basically a "HEDGE FUND IN DRAG"....lol.....................JP MORGAN picked up a bargain price for all their assets......what was left after the CARNAGE....................SCOOP.....................kinda like what I see going on with ACCR common shares, which I normally NEVER comment on.....................i remember good people lost their jobs that had nothing to do with the bad decisions made by a few bad apples at BEAR................................ I worked there circa. 1992-2007, and their had all the connections on their clearing side from 2000-2007 on my own.
I'm a WARRIOR until I die...RICKY GREENFIELD was Sr Managing Director SR MD at Bear...in charge of INSTITUTIONAL EQUITY TRADING back then too..........Look it up.
PATRICK
DIRECTOR OF ACCR
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