Thursday, December 20, 2007
Lawyers get rich quick scheme!
Christmas is coming for the lawyers! Barclays is filing a law suit against Bear Stearns over the failure of its hedge fund. Bear Stearns defends itself by saying "While we do not like to see investors or counterparties lose money, we believe this lawsuit is an attempt by Barclays to avoid taking responsibility for its own actions" I think next year big bonus will be to the lawyers and not the bankers. EA better get ready for some new customers - oh and make sure your property descriptions are correct otherwise you might be in trouble!