News Sources wrote an interesting post today on
Here’s a quick excerpt
This tidbit from a hedge fund reader: From the eagerly-read Andrew Ross Sorkin Vanity Fair excerpt of his book “Too Big to Fail” on the meltdown: Meanwhile, Jon Pruzan, the Morgan Stanley banker who had been assigned to review Wachovia’s $122 billion mortgage portfolio—to crack the tape—finally had some answers. A team of Morgan bankers in New York, London, and Hong Kong had worked overnight to sift through as many mortgages as they humanly could. “Now I know why they didn’t want to giv

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