TED has thrown an epicurean fit. After a wholly uncharacteristic 16-day silence, anonymous State-side blogger The Epicurean Dealmaker has made his feelings known about the swift and painful demise of Bear Stearns.
Between the Spitzer-esque pricing analogies and some comments about Ben Bernanke’s beard, there’s not much we can relay here directly, given assumed reader sensitivities.
The post is marred, slightly, by some schmaltz:
I am sure no-one, including me, feels sorry for billionaire Joe Lewis, but you do not need to be Bill Clinton to feel the pain of thousands of BSC support staff and administrative assistants in Staten Island, Brooklyn, and elsewhere who are gazing hopelessly at a smoking crater where their company stock retirement plan used to be.
And TED is wholly unfair on his mainstream media competition:
No-one feels sorry for them, of course, especially the Lord of the Flies crowd clogging the comment pages of the New York Times DealBook and the WSJ Deal Journal. Although I suspect each and every one of those pseudo-socialists cackling merrily at the evaporation of billions of dollars of wealth from the personal balance sheets of BSC bankers would themselves be far more willing to chop their little peckers off with a rusty knife than suffer a similar percentage hit to their own financial position. Risk-averse pussies.
But don’t let that put you off the full, unabridged rant.
