TUESDAY AUGUST 26
So Much for the Dog Days

August is typically the time when you could hear a pin drop on Wall Street. Little volume with everyone on vacation. But chances are that fewer people are on vacation by choice this year. Fannie and Freddie are nearly toast, Lehman somehow keeps its head above water, hedge funds are closing, but at the end of the day, you can find a good beach read in Damn It Feels Good To Be a Banker, harking back to the days where bottle service was a little more common.

August 2008

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