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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: LowtherAcademy who wrote (117748)	2/16/2009 12:54:21 PM
From: Knighty Tin	Respond to of 132070

The first bailout out was the funniest. "Bear Stearns fails, office manager leaves coffee pot on again." I remember when I worked at American Capital and we were dominating sales in load mutual funds in the USA. Was the big concern the billions that we managed? No. Everyone was pissed that one portfolio manager would pour himself a cup of coffee before the machine was done brewing, getting grounds into the rest of the brew for everyone else. We would go to a serious meeting and the first topic was the crunchy coffee. The portfolio manager eventually got fired and I hope that wasn't part of the reason. <G> I think hitting 5th quintile on Lipper while we had most of our funds in first quintile and the rest in second, had more to do with it.