Bear Stern CEO just unload all his shares after hours. Something telling me that the financial sector is coming down fast..I won't be surprise to see SKF pass 125+ tomorrow.SKF will hit 150+ in few weeks.
I hope he was leveraged to the hilt on that $1 billion he was expecting and goes bankrupt now that he only gets $50 million!Bastard!And I think he killed Kenny.
AND I WISH I COULD EDIT POSTSHe got $10/share instead of $2/share.
well he is very smart of unloading his shares....because he knows BSC will worth nothing after next week. first quarter reports are in next week....It will be a nightmare in the market again..SKF to 150+
i think that basically means he won't be challenging the JPM acquisition anymore.
Are you talking about Cayne? He sold his shares on March 25th.http://www.bloomberg.com/apps/news?pid=20601087&sid=a3sone9t7qaY&refer=homeAnd he ain't the CEO anymore.