Thursday, November 27, 2008

Please Don't Tell Anyone "I Suck"

The Financial Times reported that SRM Manager Jon Wood is suing the WSJ for revealing that he was down 85% in August setting up yet another court battle (recall he's still suing UK Govt over The Rock) that he will lose. Forgive me, but losing many billions of customer dollars as a fiduciary IS news - even during these days when a billion or two seems to be a rounding error.

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